Dr. Leslie Cohen
HITCO Carbon Composites, Inc.
Tel: +1 (800) 421-5444 Fax: +1 (310) 970-5468
Haviland Communications, Inc.
Tel: 970 731-2370 Fax: 970 731-0688
Pratt & Whitney,
Canada Awards HITCO Contract to Build Duct for Boeing 747
LOS ANGELES, CA – 11/27/2007
– HITCO CARBON COMPOSITES, INC (HITCO), a subsidiary of the German based SGL
Group, The Carbon Group, announced today, the signing of a long-term
contract to build for Pratt & Whitney, Canada, PW 901 A plenum ducts to be
used on Boeing’s 747 wide-body airliner. This component is comprised
of three main composite duct pieces that make up the APU engine cover.
This will be the second component manufactured at our
Gardena, CA facility that will be used on Boeing’s 747 Aircraft. We
are favorably positioned to participate in the latest technological advances
that enable aerospace designers to increase the integration of advanced
composites in modern aircraft. Composites offer key performance
advantages in weight savings, strength, and durability, compared to the
metal components they replace. Our investments in the latest
production capabilities including automation and lean manufacturing
practices serve our customers well.
HITCO Carbon Composites, Inc. was founded in 1922 and
manufactures advanced composite materials primarily for aerospace and
defense applications. HITCO continues to be an innovative leader in
the advancement of carbon composite technologies and continues to
strategically focus within the SGL Group on new projects for
aerospace/aircraft and defense applications.
SGL Group – The Carbon Company
The SGL Group is one of
the world’s leading manufacturers of carbon-based products. It has a
comprehensive portfolio ranging from carbon and graphite products to carbon
fibers and composites. SGL Group’s core competencies are its expertise
in high-temperature technology as well as, its applications and engineering
know how, gained over many years. These competencies enable the
Company to make full use of its broad material base. SGL Group’s
carbon-based materials combine several unique properties such as electrical
and thermal conductivity, heat, and corrosion resistance as well as, high
mechanical strength combined with low weight. Due to the paradigm
shift in the use of materials because of the worldwide shortage of energy
and raw materials, there is a growing demand for SGL Group’s
high-performance materials and products from an increasing number of
industries. Carbon and graphite products are used whenever other
materials such as steel, aluminum, copper, plastics, wood etc. fail due to
their limited properties. Products from the SGL Group are used
predominantly in the steel, aluminum, automotive, chemical, and
glass/ceramics industries. However, manufacturers in the
semiconductor, battery, solar/wind energy, environmental protection,
aerospace, and defense industries as well as, in the nuclear energy industry
also figure among the Company’s customers.
With around 30 production
sites in Europe, North America, and Asia as well as, a service network
covering more than 100 countries, the SGL Group is a company with a global
presence. In 2006, the Company’s workforce of 5,250 generated sales of
1.2 billion Euros. The Company’s head office is located in Wiesbaden,
This press release
contains statements on future developments that are based on currently
available information and that involve risks and uncertainties that could
lead to actual results deviating from these forward-looking statements.
The statements on future developments are not to be understood as
guarantees. The future developments and events are dependent on a
number of factors; they include various risks and unanticipated
circumstances and are based on assumptions that may not be correct.
These risks and uncertainties include for example, unforeseeable changes in
political, economic and business conditions, particularly in the area of
electrosteel production, the competitive situation, interest rate and
currency developments, technological developments and other risks and
unanticipated circumstances. We see other risks in price developments,
unexpected developments relating to acquired and consolidated companies and
in the ongoing cost optimization programs. SGL Carbon does not intend
to update these forward-looking statements.