LKD
Aerospace Signs Global Stocking Distribution Agreement With Puroflow
Filter
Products Manufacturer Taps LKD Aerospace's B2B E-Commerce and Global
Sales Network To Expand Pacific Rim Market
January
8, 2002
-- LKD Aerospace announced today the signing of an
international stocking
distribution agreement for Puroflow's factory new
and surplus products for the aftermarket. The products will be distributed
throughout the Pacific Rim by LKD and featured in LKD Aerospace’s state-of-the-art
B2B e-commerce storefront at www.Lkdaerospace.com.
LKD is a stocking
distributor for many manufacturers and offers thousands of factory new expendables and surplus
rotables for most major aircraft platforms.
The new Puroflow product line is one of LKD's broadest and includes
filter products used on commercial jets, turboprop aircraft,
helicopters, engines as well as on wide range of military
applications.
Puroflow
Corporation, located in Van Nuys, California, is a market leader
in the design and manufacture of specialized filtration products and
solutions for the OEM and aftermarket. Puroflow is the original
equipment manufacturer of filter assemblies, filter elements and
screens on many fixed wing and rotary wing aircraft. Used
extensively in airframe, engine and flight control systems,
Puroflow's products insure reliability and increase the life
expectancy of flight critical hardware. These applications include
platforms manufactured by various OEM’s including Boeing,
Bombardier, Rolls Royce and Pratt and Whitney.
Michael
Figoff, President of Puroflow, said, “We are excited to add LKD's
e-commerce and international distribution capabilities to Puroflow's
existing sales channels. We expect LKD to expand our international aftermarket opportunities, especially
within Asia and other areas of the Pacific Rim. LKD’s rapid sales
growth and leading B2B e-business services convinced us that they
are the ideal solution to augment our international distribution
growth strategy.”
In
addition to LKD's e-business services, the Agreement was driven by
the capabilities of LKD's international sales representative
network, which now has in-country representatives throughout Asia
including Taiwan, Singapore, Malaysia, Thailand and other countries.
The
agreement encompasses the territories of Asia, India, Australia, New
Zealand and South America.
Mark Chamberlain, President and CEO of LKD, stated,
"We are excited to add Puroflow's quality products to LKD and
bring them to our
customers. This adds an entirely new product segment for us and will
be a core focus area in our new business development efforts. This
will both expand our customers and markets throughout the Pacific
Rim, which is already a key growth area for LKD. We are integrating
Puroflow's very broad product line into our into our e-business systems, which will better
integrate the supply chain and substantially reduce transaction costs to
our growing list of more than 1700 customers worldwide.”
Chamberlain added, “This new Agreement is a strategic
win for LKD as it enters us into an entirely new product segment in
the aftermarket. Puroflow's broad product line is used on most
commercial aircraft and helicopter engine applications, which is a
critical new market segment for us. It complements our existing
product lines and augments our product offerings to our global
customer base. Combined
with our e-business initiatives, which includes the addition of SPEC
2000 as well as our EDI and XML electronic transaction initiatives,
we continue to enhance our position as an aftermarket leader for customers
throughout the world. This strategic win jump-starts an entirely new
product segment for LKD as we continue to execute our strategy of becoming
a leading digitally-based global enterprise with the ability to
offer a complete breadth of products and services to the aerospace
aftermarket.”
LKD
Aerospace is a B2B e-business stocking distributor of factory new expendables, rotables and surplus
inventory to more than 1700 existing customers around the world
serving six continents. LKD distributes for aerospace leaders such
as Britax, Ametek Aerospace and many others. LKD also offers exchange, consignment and
information services through its B2B website at www.Lkdaerospace.com.
Customers include major and regional airlines, repair & overhaul
facilities, OEM’s and aftermarket service companies. LKD's
products are used on Boeing, McDonnell Douglas, Airbus, Embraer and
Bombardier jet aircraft as well as Fairchild, Beech and Bombardier
turboprop aircraft. LKD has been in business since 1983.
For
More Information Contact:
LKD Aerospace
Marketing and Communications LKD
Aerospace, Inc.
1125 12th Ave. NW, Suite B-5
Issaquah, WA 98027-8966 USA
