avcorp

Avcorp announces 2008 first quarter results

MRO & Production / Leave a Comment

Avcorp Industriesm reported results for the quarter ended March 31, 2008. Revenue increased 14% to $31,151,000 for the quarter ending March 31, 2008, and cash flow from operations increased to $1,529,000 compared to $1,101,000 for the same quarter last year. EBITDA of $1,375,000 was a significant improvement over the negative EBITDA of $1,282,000 incurred in […]

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Avcorp closes purchase of composite business

Other News / Leave a Comment

Avcorp Industries confirmed that it completed the closing to acquire the shares of Comtek Advanced Structures Ltd. (Comtek) on December 31, 2007. This acquisition adds ongoing operations and expertise in the design and competitive manufacture of advanced composite aerostructures, plus provides access to new aerospace markets for Avcorp. Comtek has invested in excess of CAD$7

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