Air Industries Group ~ Debt Placement ~ January 2009
Air Industries Group, Inc. is an
integrated manufacturer of aircraft structural parts and
assemblies principally for prime defense contractors in the
defense/aerospace industry including; Sikorsky, Lockheed Martin,
Boeing and Northrop Grumman. The Company has evolved from an
individual parts manufacturer to a manufacturer of subassemblies
and an engineering integrator. The company is one the largest
suppliers of parts to the Sikorky BlackHawk helicopter.
When market conditions held up
the restructuring of the Company’s existing bank debt, Taglich
Brother helped the Air Industries raise the Subordinated Debt
needed to for working capital to fulfill its backlog. Taglich
Brothers also moved to help advise the company in streamlining
its operations, improving its cash flow and stabilizing its
balance sheet.
The information
contained herein does not constitute a solicitation of any order
to buy or sell any securities. The information provided herein
may be displayed and printed for your personal, noncommercial
use only. You may not reproduce, retransmit, distribute,
disseminate, sell, publish, broadcast or circulate the
information to anyone, without the express written consent of
Taglich Brothers, Inc.
