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07.19.2006

ThyssenKrupp Materials NA Signs Service Provider Agreement with Bombardier Aerospace in Montreal, Canada

TMX Aerospace, a Division of ThyssenKrupp Materials NA, announced today that it has entered into a six-year contract with Bombardier Aerospace to become its service provider for cut-to-size aluminum and related supply chain services. TMX Aerospace will service Bombardier's primary manufacturing facility in Montreal (Quebec, Canada), including daily just-in-time deliveries supported by an electronic order release system. TMX Aerospace will operate from a new local facility in the Montreal area.

"ThyssenKrupp Materials NA is extremely pleased to have been selected as Bombardier's service provider in their procurement program," said ThyssenKrupp Materials NA's President and COO Richard J. Greaves. "Our industry-leading expertise in materials, including processing, distribution, logistics and complete supply chain management solutions, puts us in the most qualified position to meet the demands of this contract."

Juergen Funke, President of the TMX Aerospace Division, also noted, "The opening of the new operation in Montreal to service Bombardier Aerospace marks an important step for TMX Aerospace in its expansion as a service provider to the regional and business aircraft segment."

Commenting on the new agreement with Bombardier, Joachim Limberg, Chairman and CEO of ThyssenKrupp Materials NA and Member of the Executive Board of the company's parent ThyssenKrupp Services AG, stated: "This is an exciting strategic opportunity to further grow our aerospace operations in North America. Concurrently, ThyssenKrupp Services also continues establishing a strong foothold around the world, including Europe, Latin America, and Asia, as a service provider of choice to the aerospace industry. Our global resources uniquely position us to offer worldwide supply chain management and total cost solutions to leading aerospace companies and their subcontractors."

Bombardier Aerospace is a world leader in the design and manufacture of innovative aviation products and services for the regional, business and amphibious aircraft markets. It also offers Flexjet fractional ownership, Skyjet aircraft charter and management, technical services, aircraft maintenance and pilot training, as well as military aircrew training.

TMX Aerospace Division of ThyssenKrupp Materials NA is a provider of integrated supply chain programs for aerospace customers, including coordination of purchasing, order management, storage, processing, kitting, sequencing, packaging and just in-time delivery of materials. TMX Aerospace is headquartered in Kent, WA with other US locations in Santa Fe Springs, CA; Wichita, KS; Wallingford, CT; Auburn, WA; Indianapolis, IN; and San Antonio, TX.

 
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