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Tuesday, February 24, 2009

Taurus Aerospace Group Continues to Build Out Management Team - Announces Four Key Hires

PHILADELPHIA, Feb. 24 /PRNewswire/ -- 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.”

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.

Taurus Aerospace Group includes the following 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; Aircraft on Ground, Inc. (AOG), a Dallas-based provider of aircraft fuel tank repair and maintenance services; and Tank Devils, a niche provider of aircraft fuel tank maintenance and repair services based in the United Kingdom.

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.


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