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
HITCO to Supply Composite Components to Alenia
Aeronautica for BOEING 787 "Dreamliner" Program
Los Angeles / Wiesbaden, May 27, 2008. HITCO Carbon
Composites, Inc., California/USA, a subsidiary of the SGL Group – The Carbon
Company – announced today that it has signed a Long Term Agreement with
Alenia Aeronautica, S.p.A., a Finmeccanica Company, to supply the Trailing
Edge Components for the Boeing 787 Horizontal Stabilizer.
HITCO will begin delivering flight hardware in the
second quarter of 2008. In addition, Alenia has selected HITCO to supply a
range of other composite components for the B 787. These components will be
delivered directly to Alenia as well as to other Alenia subcontractors.
Boeing Commercial Airplanes contracted Alenia as a Tier I supplier to build
the aft fuselage and other sections of the B 787 Dreamliner aircraft.
“HITCO was selected to produce the Trailing Edge components for the B 787
Horizontal Stabilizer because of its established performance as a Gold
Supplier to Boeing – particularly the C 17 and B 767 programs and its
approval to Boeing’s Process Specification 5578. The factors above along
with HITCO’s ongoing transformation to a state-of-the-art fully automated
production facility utilizing lean manufacturing principles, are making our
goal of becoming a Best in Class Tier II carbon composites supplier for the
aircraft industry a reality,” said Edward G. Carson, HITCO’s Chief Operating
About HITCO Carbon
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.
Alenia Aeronautica, a Finmeccanica Company, is the largest Italian
aeronautic player, which operates world-wide in commercial and military
aviation, unmanned aerial vehicles, and aerostructures. Alenia Aeronautica
also coordinates the activities of Alenia Aermacchi and Alenia Aeronavali -
wholly owned companies – respectively active in the design and manufacturing
of military trainer aircraft and in the overhaul, maintenance and
modification of military and civil aircraft.
About SGL Group – The Carbon Company
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 as a result 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 38 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 2007, the
Company’s workforce of around 5,900 generated sales of € 1.4 billion. The
Company’s head office is located in Wiesbaden/Germany.
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 Group does not intend to update these forward-looking