Aerospace and Aviation
SpaceX Utilizes Tiger-Tight Corp’s Friction Washer Technology for Its First Mission to The International Space Station
STATEN ISLAND, N.Y., July 18, 2012 (SEND2PRESS NEWSWIRE) — TIGER-TIGHT CORP., a subsidiary of Precision Aerospace Components, Inc. (PINK:PAOS), had its proprietary friction washer technology used by Space Exploration Technologies (known as SpaceX) on the Dragon spacecraft launched atop a Falcon 9 rocket from Cape Canaveral Air Force Station in Florida on May 22, 2012.
The TIGER-TIGHT technology operates on a micro-topographic scale. Industrial diamonds embedded in an electro-less nickel matrix penetrate and interlock with the mating surfaces to create an extremely high retaining force and prevent loosening under vibration and shock. (*See the Diamond Matrix Graphic below.)
Because the interaction is at the micro level, there is no critical damage to the affected surfaces.
Tiger-tight washers and shims promote safe, effective joints under static and dynamic load conditions by resisting loosening from external transverse loads and/or distributing the joint pre-load.
Tests conducted on a Junker Vibration Test Rig, designed to impart transverse cyclic loads on a fastener joint, show Tiger-tight outperforms all other competitors tested.
About Precision Aerospace Components, Inc.:
Precision Aerospace Components, Inc. (OTCBB:PAOS / PINK:PAOS) is a provider of quality aerospace and industrial components. Precision is building a leading component, fabrication and service business. Management is growing the company through a combination of product line expansions and strategic acquisitions. Precision Aerospace Components, Inc. and its subsidiaries, Freundlich Supply Company, Inc. and Tiger-Tight Corp. are among the first U.S. based fastener distributors to receive AS-9100 Rev. C certification; they are also certified to ISO-9001. Its other subsidiaries are Aero-Missile Components, Inc., which is certified to AS-9020 and ISO 9001, and Creative Assembly Systems, Inc., which is certified to ISO 9001. More details are available on its website: http://www.precaeroinc.com/ .
Tiger-Tight Corp. is the North American master distributor of Tiger-Tight Friction Washers. Tiger-Tight washers promote safe, effective bolted joints under static and dynamic load conditions by distributing the pre-load and resisting loosening from external transverse loads. Its patented coating features industrial diamonds embedded in an electro-less nickel matrix that penetrate and interlock with the mating surfaces to create an extremely high retaining force and prevent joint relaxation. Additional product information is available on its website: http://www.tigertight.com/ .
SpaceX designs, manufactures and launches the world’s most advanced rockets and spacecraft. With a diverse manifest of 40 launches to deliver commercial and government satellites to orbit, SpaceX is the world’s fastest growing launch services provider. In 2012, SpaceX made history when its Dragon spacecraft became the first commercial vehicle in history to successfully attach to the International Space Station-a feat previously achieved by only four governments. With the retirement of the space shuttle, the SpaceX Falcon 9 rocket and Dragon spacecraft are carrying cargo, and one day astronauts, to and from the space station for NASA.
Founded in 2002 by Elon Musk, SpaceX is a private company owned by management and employees, with minority investments from Founders Fund, Draper Fisher Jurvetson, and Valor Equity Partners. The company has more than 1,800 employees in California, Texas, Florida and Washington, D.C. For more information, visit http://spacex.com/ .
News Source: Tiger-Tight Corp :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .
STATEN ISLAND, N.Y., June 21, 2012 (SEND2PRESS NEWSWIRE) — Precision Aerospace Components Inc. (OTCBB:PAOS / PINK:PAOS), a growing provider of fasteners and components to the military and aerospace industries under its Freundlich Supply and Tiger-Tight companies, announced it has acquired the assets of Fastener Distribution and Marketing Company, (FDMC). FDMC is the parent company of Aero-Missile Components, (AMC) and Creative Assembly Systems, (CAS). AMC provides fasteners and other components to the military and aerospace industries; CAS provides fasteners, tooling and other products to the transportation, housing infrastructure and white goods markets.
In announcing the transaction, Andrew Prince, Precision Aerospace Components President and CEO, said, “This transaction complements all four operating companies by providing access to greater combined resources serving a broader addressed market. I am excited about bringing these two management teams together to further the Company’s long term objectives.”
Richard McVaugh, a respected fastener industry executive and the President of FDMC, who has overseen the growth of AMC and CAS will assume the role of President of each of the Precision Aerospace subsidiaries. Mr. McVaugh noted, “All customers of each of our companies will be better served as a result of this acquisition. We look forward to bringing increased service and offerings to both present and future customers.”
With this acquisition Precision Aerospace Components Inc. and its subsidiaries Aero-Missile Components, Inc. and Freundlich Supply Company, Inc. and Creative Assembly Systems, Inc., will have operations throughout the United States, will provide a responsive and knowledgeable quality fastener solution to customer needs and provide the support to introduce the revolutionary Tiger-Tight locking washer – the domestically fabricated lock washer that really holds without loosening and does not destroy the surface material to which it is holding.
In the upcoming 12 months, the combined companies anticipate producing over $33M in revenues and an operating profit (before any expenses associated with the acquisition and taxes) of over $3M.
More information online: http://www.precaeroinc.com.
News Source: Precision Aerospace Components Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com .
Freundlich Supply Company to Receive AS9100 Rev. C Certification – Among First U.S.-based Distributors to be Registered
STATEN ISLAND, N.Y., April 20, 2012 (SEND2PRESS NEWSWIRE) — FREUNDLICH SUPPLY CO., a subsidiary of Precision Aerospace Components, Inc., is among the first U.S.-based fastener distributors to receive AS9100 Rev. C certification. This achievement is another significant milestone in Freundlich’s 70+ year history of supplying high quality fasteners to Government, aerospace and industrial markets.
“We work hard to fine tune our processes and quality management system. By doing so, we emphasize our commitment for continuous improvement in all areas of the business,” said Bob Serabin, Freundlich’s General Manager.
Underscoring this, Andrew Prince, CEO of Precision Aerospace Components said, “We are pleased that Precision Aerospace Components and its subsidiaries: FREUNDLICH SUPPLY CO. and Tiger-Tight Corp meet these standards, because it assures our customers that the products we supply will also meet or exceed their expectations for quality and performance.”
About AS9100:2009 Revision C:
AS9100:2009 Revision C is a robust assessment of a company’s internal processes. It focuses on supplier management, on-time delivery, product conformity and risk management. It was prepared by the International (Americas, Europe, and Asia-Pacific) Aerospace Quality Group (IAQG) representing a broadly supported cooperative organization formed to make significant quality improvements and cost reductions throughout the value stream. Among the various stakeholders are: civil aviation authorities, defense and space industry and authorities, certification/registration bodies, trade associations and IAQG member companies (e.g. Boeing, Airbus, Bell, Bombardier).
About Precision Aerospace Components, Inc.:
Precision Aerospace Components is a public company trading under the symbol PAOS (PINK:PAOS). Its vision is to build a leading aerospace component, fabrication and service business. Management plans to grow the company through a combination of product line expansions and strategic acquisitions. More details are available on its website: http://www.precaeroinc.com .
About Freundlich Supply Company, Inc.:
Freundlich has been serving the aerospace and industrial markets since 1940, with quality products manufactured by Alcoa, Maclean Esna, SPS Technologies, Abbott Interfast, Bristol, Greer, MRL and other Government approved QPL (Quality Products Listing) suppliers. All products are lot traceable with manufacturer certifications and physical and chemical test reports on file. The company includes its inventory list of approximately 6,000 SKUs and its e-commerce on-line catalogue on its website: http://www.fresupco.com .
About Tiger-Tight Corp.:
Tiger-tight is the North American master distributor of Tiger-Tight Friction Washers. Tiger-Tight washers promote safe, effective bolted joints under static and dynamic load conditions by distributing the pre-load and resisting loosening from external transverse loads. Its patented coating features industrial diamonds embedded in an electro-less nickel matrix that penetrate and interlock with the mating surfaces to create an extremely high retaining force and prevent joint relaxation. Additional product information is available on its website: http://www.tigertight.com .
News Source: Freundlich Supply Company :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .