Northstar Aerospace, Inc. reaches a tentative agreement with the bargaining leadership at the Milton plant



    
    Listed: TSX
    Symbol: NAS
    

    MILTON, ON, Oct. 1 /CNW/ - Northstar Aerospace (Canada) Inc., a wholly
owned subsidiary of Northstar Aerospace, Inc., the local negotiating committee
of Canadian Auto Workers Union (Local 112), and national CAW Union
representative have reached a tentative three-year collective bargaining
agreement at the company's Milton, Ontario plant. Union membership is expected
to vote for ratification on Saturday, October 4, 2008.
    The agreement includes improvements in wages and benefits and a number of
non-economic issues that are expected to result in more job and shift
assignment flexibility.
    The previous collective agreement expired September 30th.

    
        "We have a highly skilled and experienced workforce at Milton," said
        Glenn Hess, President and Chief Executive Officer, Northstar
        Aerospace, Inc. "This agreement allows us to continue uninterrupted
        deliveries to our customers, and sets the stage for management and
        labor to work together to meet our customers' expectations for high
        quality products delivered on time. I would like to express my
        appreciation to the Canadian Auto Workers Union's and Northstar's
        negotiating teams for the professional manner in which they conducted
        these negotiations."
    

    Northstar Aerospace, Inc. (www.nsaero.com) is North America's leading
independent manufacturer of flight critical gears and transmissions. Northstar
Aerospace is a public company (TSX:NAS) with operating subsidiaries in the
United States and Canada. Its principal products include helicopter gears and
transmissions, accessory gearbox assemblies, rotorcraft drive systems and
other machined and fabricated parts. It also provides maintenance, repair and
overhaul of helicopter engines and transmissions. The Company's executive
offices are located in Chicago, Illinois. Its plants are located in Chicago,
Illinois; Phoenix, Arizona; Stroud, Oklahoma; Anderson, Indiana; and Milton
and Windsor, Ontario.

    %SEDAR: 00002555E




For further information:

For further information: Scott Langdon, (416) 234-5808,
Scott_langdon@sympatico.ca

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Northstar Aerospace

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