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3/27/01
"I.M.P. AWARDED BOMBARDIER CONTRACT"

I.M.P. Aerospace Components Limited has been awarded a major contract to manufacture aircraft parts from Bombardier Aerospace in support of the CRJ 200 regional jet program.

"The value of the multi-year contract is $8,000,000 annually and is projected to extend over a number of years depending on Bombardier's aircraft build rate" said Charles Cormier, Vice President and General Manager. "This award comes as a direct result of our performance on our existing Bombardier programs. Our management focus and employee efforts to implement just-in-time inventory and lean manufacturing practices have enhanced our overall objective of maximizing total customer satisfaction."

I.M.P. Aerospace Components Limited employs 275 people and is an integral member of I.M.P.'s Aerospace core group, all providing to the global aerospace industry a wide spectrum of services from engineering and manufacturing of aircraft structural and electrical components to the complete repair and overhaul of aircraft.

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