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Re: RG post# 70758

Saturday, 06/18/2011 2:45:38 PM

Saturday, June 18, 2011 2:45:38 PM

Post# of 177118
AECS Tsunami Alert. Just Found Krakatoa NEWS>

Lee Benson is the "New" Owner of the AECS shell ( recent 15-12G filer ) and CEO / PRESIDENT of the " PRIVATE " Co "Able
Aerospace International Inc"
looks like he mabe bringing Able Aerospace public through the AECS shell!

1.) AECS NEW FILINGS "ADDRESS", in Nevada and the 15-12G MATCH Able Aerospace Address>
http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=08574976&type=CORPORATION

2.) Able Aerospace International INC- PRIVATE Co Profile-200+ Employees up to $50mill in REVS>
http://www.manta.com/c/mm5xkj0/able-engineering-component

3.) 4 / 6 / 2011 AECS Files Nevada Annual Business Report RE: Change of Co Directors ALL POSITIONS NOW LIST LEE BENSON AS PRESIDENT, SECRATERY AND TREASURER >
http://www.nvannualreport.com/entities-DPC-AECS-INTERNATIONAL-INC.aspx

4.) 4 / 6 / 2011 Able Aerospace International files Nevada Annual Business Report.>
http://www.nvannualreport.com/entities-DPC-ABLE-AEROSPACE-INTERNATIONAL-INC.aspx

MUST READ!!!>Recent News Paper Article about Able Aerospace International. HUGE!>

June 18, 2011 | Airport facility may lure growing company to Phoenix-Mesa Gateway
8 commentsby Art Thomason - Feb. 23, 2011 12:00 AM
The Arizona Republic

A Phoenix-based engineering company that was recruited by Texas for its inventiveness, rapid expansion and high-paying jobs would relocate to Phoenix-Mesa Gateway Airport under a plan expected to win approval from Mesa officials.

Able Engineering and Component Services Inc. would move to a site at the Mesa-based reliever airport, where it would have room to continue growing its global business and more than double its existing workforce of 230 by 2015, airport officials said Tuesday.

If the proposal is approved by the airport's governing board and the City Council, the company will move into a 180,000-square-foot warehouse and manufacturing facility that will be built on a 13-acre site near the southern side of the airport. .

Able is known for developing processes to restore worn and damaged aircraft components, innovations that have saved airlines and helicopter owners millions of dollars.

By the end of 2015, Able expects its growth to command a workforce of 500 with an average salary of $100,000, said Casey Denny, the airport's deputy director.

Its research and development is conducted by a workforce that includes 24 engineers, four of whom are Federal Aviation Administration-designated engineering representatives, according to Able's website.

The company has an average annual salary of $78,000, Denny said.

Able's rapid growth during the recession placed it on the radar screens of several states, particularly Texas, that aggressively pursue aerospace firms, airport officials said.

"There was an imminent threat from Texas," said Scott Smith, Mesa's mayor and an airport governing-board member. "This is about keeping a great company in this region.

"One reason they are moving to the airport is that they couldn't achieve their business plan at the Phoenix location, and that includes access to a flight line."

Phoenix Vice Mayor Thelda Williams, chairwoman of the Phoenix-Mesa airport's governing board, said keeping the engineering firm in the Valley is the ultimate goal. "It's not a Mesa-versus-Phoenix-versus-Gilbert thing," she said.

Under the proposal, which is expected to win approval by the airport board and the Mesa council, the airport would issue $16 million in revenue bonds to finance construction of the facility that Able would occupy. It would be the largest at the airport and suitable for tenants other than Able.

The airport then would lease the building to Mesa, which is guaranteeing the bonds, and the city would then sublease it to Able.

The bonds would be retired by lease payments from Able, and the firm would be locked into the agreement, Denny said.

"We're talking about high-paying jobs," said Fred Himovitz, an airport-based developer who initiated discussions with the firm's executives two years ago and offered to locate the company at the airport. "This is exactly what this airport needs."

Himovitz said that Able expressed interest in his offer but that the deteriorating economy put an end to the negotiations.

When the developer approached the firm later, Able representatives indicated that they were in discussions with Mesa and the airport, Himovitz said.

The 29-year-old company, near 32nd Street and Broadway Road, began as a processing operation for turbine-engine components for original equipment manufacturers.

The company expects to have 250 employees within a year after moving into the new Gateway building in 2012 and double that workforce four years from now.

Denny said Able has started discussions with Arizona State University Polytechnic and Chandler-Gilbert Community College as training and education partners.

Lee Benson, chief executive, president and majority shareholder, told The Arizona Republic in August that he expects to grow the company 300 percent in the next six to eight years.

Read more: http://www.azcentral.com/arizonarepublic/business/articles/2011/02/23/20110223phoenix-mesa-gateway-airport

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