(January 18, 2011)
TPAC has recently experienced strong growth in the industry which has positively impacted the market valuation of the company.
The rapid increase in volume levels share price levels over the past weeks suggests increased realization in the industrys potential, and in extreme revenue capabilities, by the investor community.
As market indicators continue to improve, we anticipate for the company to witness monumental appreciation in value.
American Companies are JUMPING into the Chinese Market While some Americans might be concerned that the growth in the Chinese aviation industry could present a strong competition to the already established American aviation market, U.S companies have actually begun aiding China in its quest.
Thanks toTPAC`s announcementthat it has successfully achieved all fundamental milestones, the Company is expectedto begin the qualification process in June 2010.
Moreover, through it`saffiliation with it`s partnersTrans-Pacific Aerospace Company, Inc. (OTC:TPAC) haspositioned itself to develop revenue generating relationships with many of the worlds top aircraft companies including…
Major international corporations that have also witnessed the potential of the Chinese market If they [China] launch a commercial aviation industry, youve got to be part of it, said Roger Seager, GE Aviations vice president and general manager for China, which has garnered contracts worth over six billion.
Top 4 Recent Developments for TPAC:
#1. TPAC was Given a BULLISH Rating by Zacks Equity Research We [Zacks] feel the stock will outperform as TPAC hits its testing and performance goals and enjoys a monopolistic hold in a growth industry, said Zacks.
According to the report, growth in China is two-fold: First, the number of planes in China is expected to jump from 1,256 today to 4,330 over the next 20 years. With 3,000 spherical bearings on each plane the market is substantial. Second, the offsets or obligations that original equipment manufacturers (OEMs) such as Boeing and Airbus owe China are approximately $16 billion. There are currently no manufacturers of spherical bearings in China.
#2. TPAC was Awarded Access Chinas Growing Aviation Market.
With the recent news of China`s desire to reshape the global aviation industry by manufacturing its own large commercial aircraft and build 70 airports by 2020, the opportunity for Trans-Pacific Aerospace is MASSIVE.
#3. TPAC Appoints Alex Kam, Ray Kwong and Peter Liu to Board of Directors According to management, “together with Greg Archer and Kevin Gould, the board is now fully comprised of aerospace and China business veterans, whose guidance, we believe, is sure to enhance company performance.” #4. TPAC Completes Successful Bearing Wear Tests Last month, TPAC announced that its self-lubricating liner system and bearings have successfully completed wear testing at Independent Testing Laboratories in Costa Mesa, California, surpassing minimum qualification requirements imposed under the qualification specification, SAE-AS81820. Engineering and quality control staff will depart for China shortly, with production beginning on January 1, 2011. Qualification test parts will be submitted to Independent Testing Laboratories for first-pass testing in February, and to the Navy in mid-March.
TPAC looks like a solid momentum play and has been moving upwards, developing very solid trend lines that I expect could attract many technical traders, especially upon the surge in price, volume and liquidity that I confidently speculate it could.
TPAC could be a lucrative opportunity as a tremendous trade idea.
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Boca Bearings Is Sponsoring Next TX3 Bass Event
New Literature Details DayLube Nanoceramic Grease
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Lubricants – Fluid Film Lubrication
EnPro Industries Acquires Manufacturer of Braking Products for Heavy-Duty Vehicles
