TPAC- Investor Overview
Trans-Pacific Aerospace (TPAC) is headquartered near Los Angeles, California, and designs and engineers self-lubricating, metal-on-metal spherical bearings for commercial and military aerospace applications, and non-aerospace applications. After the Company’s recent approvals, TPAC became and remains, through a Service Level agreement with Godfrey Guangzhou, the only manufacturer in China qualified to make self-lubricating spherical bearings under SAE-AS81820 and SAE-AS81934 standards, one of only 6 companies in the world with these approvals. These products are used extensively in the commercial aerospace industry by airframe manufacturers including, but not limited to; Boeing, Airbus, Embraer, Bombardier, COMAC, Dassault, Lockheed Martin and Northrop Grumman. The plain spherical bearing industry enjoys revenues in excess of US $1.6 billion annually, and Boeing's forecast for the growth in sales of commercial aircraft suggest this number may triple over the next 20-years. It is estimated that China purchases between $20-50 million in spherical bearings annually.
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