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Vol. 8
September Issue
Year 2007
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in Vol. 8 - September Issue - Year 2007
Sonaca NMF Canada – Receives Quebec Aerospace Association (QAA) Enterprise Of The Year Award For 2007


Mirabel, June 19, 2007 – Sonaca NMF Canada has been awarded the Quebec Aerospace Association (AQA) Enterprise of the Year Award for 2007. This recognition is attributed to the company’s overall accomplishments but particularly to the growth of its earnings that have increased by 26% year over year in 2006, to exports that have more than quintupled between 2004 and 2006 and to the exceptional development of its overall business activities as reflected in the upsurge of orders from its major customers: Bombardier, Mitsubishi Heavy Industries, Embraer and Israel Aircraft Industries.
 
Sonaca NMF Canada manufactures wing panels for the regional and business jet markets as well as structural parts for the civil aviation industry.

«We accept this acknowledgment with pride. This award recognizes the contribution and efforts of all employees in the fulfilment of our development plan. The improvements of our business practices will allow Sonaca NMF Canada to benefit from the growth in our industry and will ensure our long term success.» according to Philippe Hoste, Chief Executive Officer at Sonaca NMF Canada.

«We at the AQA are honored to have Sonaca NMF Canada as a member of our organization. Mr. Hoste has achieved targets which were set and we are sure he and Sonaca NMF Canada will continue to excel as proud SME in our community.  We look forward to Sonaca 's continued support,» said Don Tambling, President of AQA Board of Directors.
Since the acquisition of all assets of NMF Canada in 2003, Sonaca NMF Canada has obtained new commercial programs, consolidated its operations, restored its financial structure and has secured 250 specialized jobs in Quebec.

In 2005, the company initiated a business improvement program which contributed to the increase in productivity and the enhancement of the profitability of its manufacturing programs. Among others, administrative expenses decreased by 13% in 2006 over 2005 and the bottom line improved by 184% during the same period.

About Sonaca NMF Canada

Sonaca NMF Canada is a subsidiary of Sonaca S.A of Belgium. The company manufactures aerospace structures for the civil aviation industry. Its core business involves the development, forming and assembly of wing panels for regional and business jet markets. Sonaca NMF Canada’s clients are the most important manufacturers of regional and business jets in the world. Sonaca NMF is located in Mirabel, Quebec, where it employs 250 people. For more information on Sonaca NMF Canada, visit our new Internet site: www.sonacanmf.com

About Sonaca S.A

SONACA S.A. is an aerospace construction company located in Gosselies, in the south of Belgium. It is the parent company of a group of companies located in Brazil, Canada and the United States. The SONACA Group employs more than 2,400 people around the world.

SONACA’s core business is the development, manufacturing, assembly and test of aerospace structures and their associated subsystems. Thanks to its involvement in civil contracts for AIRBUS, EMBRAER, DASSAULT AVIATION, BOMBARDIER and IAI/GULFSTREAM, and in both military and space programs, SONACA is now recognized worldwide for its know-how and active participation in the development of new technologies. For more information on Sonaca, visit: www.sonaca.com

About Quebec Aerospace Association (AQA)

Established in 1997, with headquarters in Montreal, the Quebec Aerospace Association (AQA) has over 230 company-members: government, institutions, associations and private enterprise.

The mission of the AQA is to recognize, evaluate and respond to any issue that affects its membership, the large majority of which are small to medium size aerospace companies. This includes Canadian competitiveness and the interests of its members in relation to government, associations and large aerospace companies.

Activities are based on developing relations with large aerospace companies, expanding relations between aerospace SME’s and increasing the commercial representation of aerospace SME’s.




For Information:

Sonaca NMF Canada
Philippe Hoste, Chief Executive Officer
Sonaca NMF Canada
Tel. +1.450 434 6114, Ext: 700
Fax +1.450 434 5658
E-mail: philippe.hoste@sonacanmf.com

Quebec Aerospace Association (AQA)
Sharon Core, Manager, Market development and communication
Quebec Aerospace Association (AQA)
Tel. +1.514.596.2388
E-mail: score@aqa.ca