AeroControlex names AAR exclusive global distributor for APU lube pump products
January 27 2020 - 12:11PM
AAR (NYSE: AIR), a leading provider of aviation services to
commercial and government operators, MROs and OEMs, has signed a
multiyear agreement with AeroControlex, under which AAR will be
exclusively stocking and selling auxiliary power unit (APU) lube
pumps and all related piece-part components worldwide.
“AeroControlex is proud to announce the
distribution partnership with AAR for the pumps product line,” said
Tim O’Keefe, AeroControlex Business Manager for the Pumps Business
Unit. “As the OEM, our goal is to provide high-quality pumps and
components to our customers around the world. Our partnership with
AAR helps ensure that we continue to provide the customized
programs and best-in-class service in the aftermarket to deliver
the highest value to our customers and help them succeed.”
“This is a meaningful growth opportunity for our
business serving as a value-added extension of an original
equipment manufacturer,” said Darren Spiegel, AAR Vice President
and General Manager of OEM Solutions - Commercial. “We are honored
that AeroControlex has chosen us for this important partnership and
will be highly focused on ensuring that airlines and MROs worldwide
have ready access to AeroControlex pumps and related parts to
minimize downtime and maximize operational efficiency.”
For more information on AAR OEM Solutions, visit
aarcorp.com/oems/.
# # #
About AAR AAR is a global aerospace and
defense aftermarket solutions company that employs more than 6,000
people in over 20 countries. Headquartered in the Chicago area, AAR
supports commercial and government customers through two operating
segments: Aviation Services and Expeditionary Services. AAR’s
Aviation Services include Parts Supply; OEM Solutions; Integrated
Solutions; and Maintenance, Repair and Overhaul (MRO) Services.
AAR’s Expeditionary Services include Mobility Systems and Composite
Manufacturing operations. Additional information can be found at
www.aarcorp.com.
About AeroControlex Since its founding in
1945 in Cleveland, Ohio as Great Lakes Manufacturing, AeroControlex
has established itself as an industry leader in the design and
production of hydraulic, fuel, lubrication and coolant pumps. In
1993, the company added mechanical actuators to the existing
product offering. More at https://www.aerocontrolex.com/.
This press release contains certain statements
relating to future results, which are forward-looking statements as
that term is defined in the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are based on beliefs
of Company management, as well as assumptions and estimates based
on information currently available to the Company, and are subject
to certain risks and uncertainties that could cause actual results
to differ materially from historical results or those anticipated,
including those factors discussed under Item 1A, entitled “Risk
Factors”, included in the Company’s Form 10-K for the fiscal year
ended May 31, 2019. Should one or more of these risks or
uncertainties materialize adversely, or should underlying
assumptions or estimates prove incorrect, actual results may vary
materially from those described. These events and uncertainties are
difficult or impossible to predict accurately and many are beyond
the Company’s control. The Company assumes no obligation to update
any forward-looking statements to reflect events or circumstances
after the date of such statements or to reflect the occurrence of
anticipated or unanticipated events. For additional information,
see the comments included in AAR’s filings with the Securities and
Exchange Commission.
Daniela Pietsch
AAR Corp
+1.630.227.5100
daniela.pietsch@aarcorp.com
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