Structural Wing Tank Work For Spanish P-3s
By Lee Ann Tegtmeier
DALLAS/GRAPEVINE, April 23, 2009 – Tank Devils will start doing structural wing tank maintenance services for two Spanish Air Force P-3s, through a contract signed between EASA CASA and Taurus Aerospace's Tank Devils on April 21 at AVIATION WEEK's MRO Americas conference here. Work on both aircraft will be performed in Seville, with the first starting in June and the second starting late this summer, said Jose Luis Tova, head of MRO and material support procurement for EADS CASA, which is responsible for maintenance on the Spanish Air Force seven P-3s. Rob Gray, business development director at Tank Devils, says the maintenance for each aircraft should take about five months.
TAURUS AEROSPACE GROUP CONTINUES TO BUILD OUT MANAGEMENT TEAM – ANNOUNCES FOUR KEY HIRES
Philadelphia, February 24, 2009 – Taurus Aerospace Group, a leading provider of integrated specialist solutions to aircraft OEMs and fleet customers that is comprised of Brek Manufacturing, Aviation Technical Services (ATS), Aircraft on Ground (AOG) and Tank Devils, continues to build out its management team and today announced that it has made several key appointments.
John Seifert joins Taurus Aerospace Group (Taurus) as Vice President of Finance. Seifert was most recently at SMART Business Advisory and Consulting, a financial accounting and business services firm based in Pennsylvania. Prior to this role, he served as Finance Director at InfraSource Services, a $1 billion engineering and construction firm employing more than 4,500 people across the United States. Seifert will work out of Taurus’ Philadelphia headquarters.
Henry David joins Brek Manufacturing as Vice President and General Manager. David brings to Taurus, and specifically to Brek Manufacturing, 35 years of aerospace experience, including full P & L responsibility as President of a small aerospace manufacturing company in Chino, Calif. Prior to moving to California, David spent 33 years with Ellanef Manufacturing Corp. (a division of Magellan Aerospace) in New York where he was responsible for all facets of operating and managing the aerospace manufacturing company. David will work out of Brek’s headquarters in Los Angeles.
Phil Bathurst joins Taurus as the Vice President of Operations for Aviation Technical Services, Inc (ATS). Bathurst will leverage his proven experience in effectively managing maintenance, repair and overhaul (MRO) operators as he oversees all daily aircraft maintenance activity for ATS at the company’s Everett, Wash. headquarters. With more than 30 years of experience, Bathurst places high expectations on his team to actively pursue additional opportunities in process improvement. He established his career while employed by TIMCO from 1990 to 2007, where he supported all aspects of the operations team in positions of increasing responsibility, from Supervisor through Senior Director.
Philip Fields, joining Taurus as Vice President of New Business Development at ATS, will be responsible for all sales, marketing, contracts, program management and public relations activities for the company. Fields comes to ATS after working 24 years in the aerospace industry in various executive and management level capacities. Fields’ broad and extensive experience includes working as a manager within The Boeing Company, Director of Sales & Marketing for Hexcel Structures, VP Sales & Marketing for AIM Aviation (aircraft interior design and manufacturing), VP Sales & Marketing for TIMCO Aviation Services and COO for Young Aerospace Consultants (provider of sales and program management support for companies supplying the aerospace aftermarket). Fields will be based at the ATS headquarters in Everett, Washington.
“We’re excited about the expertise these gentlemen bring to Taurus,” said Taurus CEO Larry Resnick. “They have all built strong reputations in our industry. As we continue to build out our management team, the talent and experience of these four aerospace professionals will help shape the company’s future as we prepare for continued growth and expansion in 2009.”
TAURUS AEROSPACE GROUP APPOINTS TERENCE MONTGOMERY CHIEF FINANCIAL OFFICER / ANNOUNCES ACQUISITION OF TANK DEVILS
Philadelphia, December 16, 2008 – Taurus Aerospace Group, a leading provider of integrated specialist solutions to aircraft OEMs and fleet customers, today announced that it has appointed Terence R. Montgomery as Chief Financial Officer of the company and has acquired Tank Devils, a niche provider of aircraft fuel tank maintenance and repair services based in the United Kingdom.
Montgomery joins Taurus Aerospace Group from SMART Business Advisory and Consulting, a financial accounting and business services firm based in Pennsylvania. Prior to this role, he served as Senior Vice President and Chief Financial Officer of InfraSource Services (NYSE: IFS), a $1 billion engineering and construction firm employing more than 4,500 people across the United States.
“We’re pleased to have Terry on board,” said Taurus CEO Larry Resnick. “His experience with InfraSource, where they built a $1 billion business focused on integrated solutions through organic growth and strategic consolidation of acquisitions, is ideally suited for our near term strategy and long term shareholder value creation.”
“I am very excited to be a part of the Taurus team,” said Montgomery. “I believe that my experience at InfraSource will help the company as we transition from being a number of quality individual businesses to becoming a high performing integrated company. One of my goals is that we will all be proud to see Taurus develop into a respected public company known for intelligent, integrated solutions and excellent customer service.”
The company is also announcing its continued expansion through its latest acquisition, Tank Devils. Taurus already acquired Aviation Technical Services in November 2007, Brek Manufacturing in January 2008 and AOG Tank Tigers in July 2008.
“The Tank Devils acquisition represents a strategic expansion of Taurus’ capabilities in the aviation ‘after market’ space, adding to the current service offerings at ATS and AOG Tank Tigers,” said Resnick. “The transaction is particularly complementary to AOG’s business, as it provides an established platform for growth into the European market and best-in-class capabilities related to unscheduled repair services. Tigers and Devils combined will become a market leader in the aircraft fuel tank repair industry across the U.S. and Europe. The combined companies will be led by Jim Pradetoo, President of AOG.”
TAURUS AEROSPACE GROUP APPOINTS LARRY RESNICK AS CEO
PHILADELPHIA, July 28, 2008 – Taurus Aerospace Group, a leading provider of integrated specialist solutions to aircraft OEMs and fleet customers, today announced that it has appointed Mr Larry Resnick as Chief Executive Officer of the Company.
Mr Resnick joins Taurus Aerospace Group from Arsenal Capital Partners where he was an Operating Director and co-lead of Arsenal’s Aerospace & Defense Team. Prior to his role at Arsenal Capital, Mr Resnick was Senior Vice President of Operations at Triumph Group, Inc (NYSE: TGI).
“I am thrilled to have the opportunity to lead Taurus Aerospace Group. I share Taurus’ vision of building a world-class business that provides integrated and specialist solutions across the airframe lifecycle. I look forward to working closely with the current Taurus companies and their employees to further grow the businesses. Part of that is to actively pursue additional opportunities to expand our offerings to aircraft OEM and fleet customers” said Mr Resnick.
About Taurus Aerospace Group
Taurus Aerospace Group is a leading provider of integrated specialist solutions to aircraft OEMs and fleet customers. Taurus’ strategy is to provide its customers with a family of best-in-class companies offering products and services which support the entire airframe lifecycle, from design through manufacturing and maintenance, enhanced through superior engineering capabilities.
In addition to Tank Devils, Taurus Aerospace Group includes three foundation companies: Brek Manufacturing, a Los Angeles-based manufacturer of monolithic structures for airframes; Aviation Technical Services (ATS), a Seattle-based provider of maintenance, repair and overhaul (MRO) services for airframes and components; and Aircraft on Ground, Inc. (AOG), a Dallas-based provider of aircraft fuel tank repair and maintenance services.
Taurus is sponsored by the Macquarie Group, a recognized investor, operator and manager in a wide range of specialist asset classes around the world, including aviation, infrastructure, real estate, telecommunications and media.