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Avcorp Industries, Inc. T.AVP


Primary Symbol: AVPFF

Avcorp Industries Inc is a Canada based manufacturer within the aerospace industry. It designs and builds structures for aircraft manufacturers. The reportable segments of the company are The Avcorp Structures and Integration segment, which offers metallic and composite aerostructures assembly and integration; The Comtek advanced Structures segment dedicated to aircraft structural component repair services, and design and manufacture of composite aerostructures; and The Avcorp Composite Fabrication segment which offers advanced composite aerostructures fabrication. The group makes sales internationally and generates a majority of the revenue from the Europe.


OTCPK:AVPFF - Post by User

Bullboard Posts
Post by MadClownon Mar 22, 2011 8:24pm
498 Views
Post# 18325031

Fokker Technologies in talks to buy Avcorp?

Fokker Technologies in talks to buy Avcorp?Mark came from Stork Fokke and their just might be something cooking between the two companies ;) With Avcorp revenues up to $58 million for 9 months and account receivables over $10 million, total assets of $50 million and a share price of 8 cents makes this a takeover candidate. The market cap is only $14 million meaning this should be up at 50 cents.

https://www.fokker.com/Fokker-Portal-About-us-News

Mark van Rooij, Chief Executive Officer of Avcorp

Mark van Rooij presently is Executive Vice President of Stork Fokker AESP BV of Papendrecht, The Netherlands. Stork Fokker, a Stork Aerospace , is an aerostructures and special products company with over $400 million CDN in revenue and 1900 employees. van Rooij has been with Stork for over 20 years. van Rooij is a mechanical engineer and a member of the board of management of Stork Fokker.

van Rooij will be Avcorp's second appointment related to Stork Fokker.

Kees de Koning, former President & CEO Stork Aerospace and former President of Stork Fokke, joined the board of directors of Avcorp in November 2005.

"We are confident that we have the right leadership team to move the company to the next level," stated Michael Scholz, Chairman. "The addition of Mr. van Rooij will provide us with valuable operational and international aerospace experience to assist us during our next stage of growth."

Delta, BC based Avcorp Industries Inc. designs and builds major airframe structures for some of the world's most respected aircraft companies, including Boeing, Bombardier and Cessna.

Bullboard Posts