CERRITOS, CA, Dec. 18, 2013 /CNW/ - Omni-Lite Industries Canada Inc. is
pleased to announce approximately $553,000 US ($585,300 CAD) in new
orders that include three divisions of the Company. Of these new orders
64 percent are in the Specialty Automotive division, 34 percent are in
the Aerospace division and 2 percent are in the Sports and Recreation
Of particular importance, the new efficiencies and production
capabilities introduced in 2013 have enabled the Company to complete
several critical development programs. These include the first article
components for both U.S. Military Green Round programs, two programs
for a major off-road vehicle OEM and the first article submission for a
new brake program undertaken with a large tier one supplier to the
automotive industry. The Company is working diligently with these
customers to initiate the production of these components in early 2014.
The Company is particularly proud to announce that it has received a
significant order for components utilized by Gulfstream, Bombardier,
and Embraer in their executive jet programs. While initial components
will be shipped in 2013, the majority of these parts will be delivered
"The most important benefit of the improvements implemented at
Omni-Lite throughout the year has been the ability to complete
challenging programs on a timely and efficient basis, providing better
service to our world class customers," stated David F. Grant CEO.
"These enhancements will allow Omni-Lite to take on several new
programs in the New Year. The engineering for some of these programs
has already begun."
Omni-Lite is a rapidly growing high technology company that develops and
manufactures precision components utilized by several Fortune 500
Companies including Boeing, Airbus, Alcoa, Ford, Caterpillar, Borg
Warner, Chrysler, the U.S. Military, Nike, and adidas.
Except for historical information contained herein this document
contains forward-looking statements. These statements contain known and
unknown risks and uncertainties that may cause the Company's actual
results or outcomes to be materially different from those anticipated
and discussed herein.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE: Omni-Lite Industries Canada Inc.
For further information:
Mr. Tim Wang, CFO
Tel. No. (562) 404-8510 or (800) 577-6664 (Canada and USA)
Fax. No. (562) 926-6913, email: firstname.lastname@example.org