InvestorsHub Logo
Followers 39
Posts 2377
Boards Moderated 0
Alias Born 01/16/2005

Re: argyle46 post# 54

Thursday, 05/17/2007 7:56:45 PM

Thursday, May 17, 2007 7:56:45 PM

Post# of 194
I think Kamam got alot of the sub assembly business put there. Not the stuff EDAC does. That was just a big example of what Sikorsky is off loading. Sikorsky is jammed with military business right now and they are sending tons of stuff out to area shops. Edac went through some tuff times 5 or 6 years ago when they bought Grossite Ind. I think they stopped doing business with United Tech. at that time. But now they are back selling to them for a few years now. And No I don't work for any of the above mention companies. But I do work in the local aerospace industry and naturaly I hear things about work being moved around and who does work for whom. I know EDAC has dropped a lot of coin to modernize there production.
They have a good "rep" in the area. There customers seem to like them and they treat their people better than most. Not as good as the union shops like Pratt and Sikorsky, but if they did that, they would not get the work.

I am not a registered broker. Charts and commentary provided are for educational / entertainment purposes only. Any trades placed upon reliance of these charts or information is taken at your own risk.