Business
Aerospace Industries Association Forecasts Continued Growth for Aerospace Industry
(via Thenewswire.ca)
About this update from Manhattan Uranium Discovery Corporation
[{"type":"text","content":"Aerospace Industries Association Forecasts Continued Growth for Aerospace Industry\n\n(via Thenewswire.ca)\nDecember 11 2008 - Aerocast Inc. (\"Aerocast\" or the \"Company\" CNSX-A) announces that the 2008 Year End Review and 2009 Forecast, issued yesterday by the Aerospace Industries Association (AIA), projects aerospace industry growth to be pushed up 4.8 percent from the current year. The forecast states that U.S. aerospace industry sales are estimated to reach $US 204.4 billion in 2008, while the industry order backlog in 2008 is expected to be higher than ever at $US 404.5 billion. The full report is available on the AIA website at www.aia-aerospace.org.\n\nAbout the Aerospace Industries Association\n\nThe Aerospace Industries Association (\"AIA\") is the premier trade association representing major aerospace and defense manufacturers. More than 100 major aerospace and defense companies are members of the association, embodying every high-technology manufacturing segment of the U.S. aerospace and defense industry from commercial aviation and avionics, to manned and unmanned defense systems, to space technologies and satellite communications. In addition, the association has more than 175 associate member companies, all of which are leading aerospace and defense suppliers. The AIA provides a forum for government and industry representatives to exchange views and resolve problems on non-competitive matters related to the aerospace industry.\n\nAbout Aerocast Inc.\n\nAerocast operates a high-growth sand-casting foundry that produces complex aluminum and magnesium castings primarily for the aerospace industry. Customers include Honeywell Aerospace, Hamilton Sundstrand and Shimadzu Precision Instruments. Aerocast is experiencing high demand for its products and has very little competition. The Company's senior management team has over 110 years combined experience in the aerospace foundry industry.\n\nAerocast's shares trade on the Canadian National Stock Exchange (CNSX) under the symbol ‘A'.\n\nFor more information, contact Robert Jamieson Sr., at Tel. (602) 309-1177 and e-mail [email protected], or visit the Company's website at www.aerocastinc.com.\n\nOn Behalf of the Board of Directors,\n\nAerocast Inc.\n\nPer:\n\n\"Robert Jamieson Sr.\"\n\nPresident and Director\n\nCanadian National Stock Exchange has not ...