Sermatech and Goodrich Sign "Shop in Shop" Agreement

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18 July 2006

Sermatech International is pleased to announce that they have entered into a multiyear agreement to provide Goodrich Corporation's (NYSE:GR) Landing Gear Facility in Oakville, Ontario Canada.

A turnkey "Shop in Shop" coating facility will be used for the application of High Velocity Oxy-Fuel (HVOF) thermal spray coatings to landing gear components.

Sermatech will begin its support of Goodrich in Oakville by applying, grinding, and superfinishing HVOF coatings on A380 landing gear components in this new facility. The "shop-in-shop" concept enables a lean manufacturing environment that optimizes workflow, reduces inventories and minimizes turn-times for Goodrich by eliminating the need for outsourcing these processes. The new coating facility is intended to be fully operational by January 1, 2007.

HVOF is a specialized thermal spray technology that is rapidly becoming the hard-face wear resistant coating of choice in aerospace airframe and undercarriage applications, as an environmentally friendly alternative to hard chrome plating.

"Sermatech is thrilled to be able to work closely with a world-class aerospace company such as Goodrich," said Mike Propen, CEO of Sermatech International. "The implementation of a "shop in shop" in Goodrich's Oakville site allows each of our respective companies to leverage our core strengths - Goodrich's landing gear design and manufacturing capabilities coupled with Sermatech's materials and surface technology expertise - to provide our Aerospace customers exemplary service at the lowest cost."

Sermatech International is a recognized leader in coating development, coating applications, and surface engineering technologies, serving major aerospace OEMs and their suppliers for over 40 years. Sermatech serves its customers globally leveraging facilities across the US and in Canada, UK, Germany and Korea. Additionally Sermatech holds a wide range of OEM Aerospace approvals (including AS9100, NADCAP, FAA & EASA) and uses six-sigma and lean techniques to drive continuous improvement in all its operations.

Goodrich Corporation, a Fortune 500 company, is a leading global supplier of systems and services to the aerospace, defense and homeland security markets. With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities.


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