B/E Aerospace Announces Major Expansion of Seat Manufacturing Capacity in Northern Ireland; Opening Ceremony to Be Held March 1
March 01 2006 - 8:10AM
Business Wire
B/E Aerospace, Inc. (Nasdaq:BEAV) announced a significant expansion
of its primary seat manufacturing facility in Kilkeel, Northern
Ireland. The new facility addition doubles the plant's current
assembly capacity. Customers are invited to tour the new facility
at an open house to be held at the Kilkeel plant on March 15, 2006.
"The continued investment in our infrastructure supports the strong
growth projected for our industry in the years to come," stated
Michael B. Baughan, President and Chief Operating Officer of B/E
Aerospace, Inc. "Our Northern Ireland facility is the largest
aircraft seat production facility in the industry. The new capacity
announced today ensures our ability to satisfy the long term needs
of our growing customer base and along with our North Carolina
facility establishes significant reserve capacity." This news
release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements
involve risks and uncertainties. B/E's actual experience may differ
materially from that anticipated in such statements. Factors that
might cause such a difference include those discussed in B/E's
filings with the Securities and Exchange Commission, including but
not limited to its most recent proxy statement, Form 10-K and Form
10-Q. For more information, see the section entitled
"Forward-Looking Statements" contained in B/E's Form 10-K and in
other filings. The forward-looking statements included in this news
release are made only as of the date of this news release and,
except as required by federal securities laws, we do not have any
obligation to publicly update or revise any forward-looking
statements to reflect subsequent events or circumstances. About B/E
Aerospace, Inc. B/E Aerospace, Inc. is the world's leading
manufacturer of aircraft cabin interior products, and a leading
aftermarket distributor of aerospace fasteners. B/E designs,
develops and manufactures a broad range of products for both
commercial aircraft and business jets. B/E manufactured products
include aircraft cabin seating, lighting, oxygen, and food and
beverage preparation and storage equipment. The company also
provides cabin interior design, reconfiguration and
passenger-to-freighter conversion services. Products for the
existing aircraft fleet -- the aftermarket -- generate about 60
percent of sales. B/E sells and supports its products through its
own global direct sales and product support organization. For more
information, visit B/E's website at http://www.beaerospace.com.
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