Avcorp closes purchase of composite business

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 million to develop advanced proprietary resin infusion technology. The first commercial application of this technology by Comtek has been utilized on the Airbus A380 program. Comtek has 90 employees and operates out of Burlington, Ontario.

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