InvestorsHub Logo
icon url

BARRENCE

01/01/16 3:47 PM

#55503 RE: robert90 #55499

Thank you for your response.

Do you have any information as to whether there actually is and/or ever will be a significant market for TPAC's ball-bearings ?
icon url

LostSaint

01/01/16 4:01 PM

#55512 RE: robert90 #55499

Dang. Cool article robert90. I highlighted the good stuff....

In addition to the need for Bearings related to China aircraft, Bearings are a commodity typically in high demand and short supply. With only six competitors in the entire industry, the attitude among the competitors is that delivery will be based on the schedule of the Bearing manufacturer, not based on the needs of the customer. Consequently, lead times for Bearings are often 52 weeks or longer with slips in delivery from the originally scheduled delivery date being all too common. Delays in Bearing deliveries have resulted in delivery or scheduling delays for such high profile projects including the Joint Strike Fighter and the Boeing 787 Dreamliner. Boeing has tasked its Technology group with finding new Bearing manufacturers and the need for new manufacturers has been a common theme at recent Airframe Control Bearing Group meetings.

There have been no new manufacturers of Bearings since the late 1970’s. The TPAC/Guangzhou facility will be the first new manufacturer in more than 30 years.


These bearings are similar to the SAE Bearings and TPAC possesses the knowledge and technology to develop and produce these parts, opening up a $1 billion annual market to TPAC. TPAC intends to enter this market immediately following the qualification of its Guangzhou facility for the production of SAE self lubricating bearings. Boeing has offered full support to TPAC to assist it in developing these

Zacks source