| A.E. PETSCHE CO., INC. FOR IMMEDIATE RELEASE
A.E. Petsche Company, Inc. Signs Just-In-Time Supply Agreement With The Boeing CompanyDallas/Fort Worth, Texas based A.E. Petsche Company announced today the award of a multi-year supply agreement with Boeing Commercial Airplanes [Puget Sound]. This new agreement requires that A.E. Petsche Company support all Boeing Aircraft families [737, 757, 767, 747 and 777 aircraft]. As the now exclusive supplier of wire and cable to Boeing Commercial [Puget Sound], A.E. Petsche Company will contribute substantially to Boeing's ongoing efforts to reduce its inventory and streamline its procurement and material processes. This new agreement follows an 18-month pilot program under which A.E. Petsche Company supplied Boeing's [Puget Sound] BMS 13-48 and BMS 13-60 type wires. As a result of this Just-In-Time Program, Boeing is expected to further reduce its in-house inventories of these products and receive assurances of Just-In-Time provisioning. It is expected that A.E. Petsche Company and Boeing will work over the term of this agreement to further improve provisioning practices and inventory reduction goals. A.E. Petsche Company is well recognized as the world's leading provider of Just-In-Time services for aviation OEM's, supplying wire and cable, and related harness management products to virtually all leading commercial aircraft manufacturers.
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