A.E. PETSCHE CO., INC.
A.E. Petsche Company Awarded Multi-Year Boeing Rotorcraft Agreement[Dallas/Fort Worth, Texas] A.E. Petsche Company announced today the award of a multiyear supply agreement with The Boeing Company. This new agreement requires that the A.E. Petsche Company support all projects at the company's Mesa, Arizona facility [AH-64, C-17, F-18, F-15, AV8B, Minute Man III, Ground-based Missile Defense]. As the now exclusive supplier of wire and cable, as well as select cable and
harness management products to Boeing, the A.E. Petsche Company will contribute
substantially to Boeing's ongoing efforts to reduce its inventory and to streamline
its procurement and material processes. With Boeing's adoption of a ZERO-BASE(r)
Inventory Program [a modified Just-In-Time System], Boeing is expected to significantly
reduce its in-house inventories. This agreement calls for A.E. Petsche personnel
to deliver pre-inspected product directly to Boeing's electrical fabrication
shops. |