Avcorp Industries, Inc. AVPFF

Industrials Aerospace & Defense

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.

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Avcorp Industries, Inc.

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Post by viper94on Dec 22, 2010 5:30pm

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Post# 17885307

Bombardier = minus 18 Million

Avcorp Industries, Inc. Starts Proceedings Over Termination For Convenience Against Bombardier, Inc.
Monday, 3 May 2010 07:11pm EDT

Avcorp Industries, Inc. announced that it has filed a Motion toInstitute Proceedings in Quebec Superior Court. The Company is seekingcompensation in excess of $18,000,000 for unrecovered costs incurred inaccordance with the termination for convenience provisions of a contractfor the CRJ700 program. The contract with the Company was terminated byBombardier in 2007.

https://www.reuters.com/finance/stocks/keyDevelopments?rpc=66&symbol=AVP.TO&timestamp=20100503231100

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