This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Trans-Pacific Aerospace Company, Inc. Provides Update On Progress In China

Trans-Pacific Aerospace Company, Inc. (OTCBB: TPAC.OB) CEO Bill McKay, who is currently in China, today reported on progress for U.S. Navy qualification testing.

“We’ve started production on more than 1,000 bearings to be submitted for qualification,” said McKay from Godfrey (China) Limited, the company’s 25%-owned subsidiary, “and I’m so glad that we’ve done this so many times before.” The Trans-Pacific Aerospace manufacturing and quality control team, in China from the U.S., has successfully qualified over 3,000 different types of bearings for both SAE and FAA commercial aircraft approval.

McKay commented: “The nuances in making these parts in China, while subtle, require a great deal of focus. The logistics of getting raw materials in from the States, buying and shipping machinery from the far reaches of China, and then making sure that the machinery performs to the same accuracy that we’re used to could have been an Excedrin headache. Everything has come together, though, and I am particularly pleased that the machinery and equipment we’ve purchased far surpasses our expectations, so much so that we plan to acquire finishing machinery here for specialized post-assembly work that we had previously planned to do in the U.S.”

Trans-Pacific Aerospace is currently in the process of qualifying Godfrey’s Guangzhou China manufacturing facility and is producing test parts which will be subsequently submitted to the U.S. Navy for certification. Subject to U.S. Navy certification, Godfrey expects to commence manufacturing its self-lubricating spherical bearings in the third quarter of 2011.

“We're really excited about the way things have been going here and in my view it’s a testament to the contributions and hard work made by our team both here in China and in the States, including Greg Archer, Dave Brandon, Kevin Gould, Alex Kam, Ray Kwong, Rod LaMay, Andy Lerma, Peter Liu and Nick Nguyen. Their insight, dedication, experience and commitment exemplify teamwork, which we believe will lead to the success of Godfrey Guangzhou and TPAC.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.00%
FB $102.01 0.00%
GOOG $682.40 0.00%
TSLA $151.04 0.00%
YHOO $27.04 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs