TAT Technologies Reports Resignation of Director - WCAX.COM Local Vermont News, Weather and Sports-

TAT Technologies Reports Resignation of Director

Information contained on this page is provided by companies via press release distributed through PR Newswire, an independent third-party content provider. PR Newswire, WorldNow and this Station make no warranties or representations in connection therewith.

SOURCE TAT Technologies Ltd

GEDERA, Israel, March 12, 2013 /PRNewswire/ --

TAT Technologies Ltd. (NASDAQ: TATT - News), a leading provider of services and products to the commercial and military aerospace and ground defense industries, announced today that Mr. Rimon Ben-shaoul has resigned as Chairman of the Board of Directors of the Company effective March 12, 2013.  Mr. Ben-shaoul advised the Board that his resignation was for personal reasons and not as a result of any disagreement with the Company.

About TAT Technologies LTD

TAT Technologies LTD is a leading provider of services and products to the commercial and military aerospace and ground defense industries.

TAT operates under four segments:  (i) Original Equipment Manufacturing or "OEM" of Heat Management Solutions (ii) OEM of Electric Motion Systems (iii) Heat Transfer Services and Products and (iv) Maintenance, Repair and Overhaul or "MRO" services of Aviation Components.

TAT's activities in the area of OEM of Heat Management Solutions primarily include the design, development, manufacture and sale of (i) a broad range of heat transfer components (such as heat exchangers, pre-coolers and oil/fuel hydraulic coolers) used in mechanical and electronic systems on-board commercial, military and business aircraft; (ii) environmental control and cooling systems on board aircraft and for ground applications; and (iii) a variety of other electronic and mechanical aircraft accessories and systems such as pumps, valves, power systems and turbines.

TAT's activities in the area of OEM of Electric Motion Systems primarily include the design, development, manufacture and sale of a broad range of electrical motor applications for airborne and ground systems.

TAT's activities in the area of Heat Transfer Services and Products include the maintenance, repair and overhaul of heat transfer equipment and in a lesser extent, the manufacturing of certain heat transfer products. TAT's Limco subsidiary operates FAA certified repair station, which provides heat transfer MRO services and products for airlines, air cargo carriers, maintenance service centers and the military.

TAT's activities in the area of MRO services for Aviation Components include the maintenance, repair and overhaul of APUs, Landing Gear and other aircraft components. TAT's Piedmont subsidiary operates an FAA certified repair station, which provides aircraft component MRO services for airlines, air cargo carriers, maintenance service centers and the military.

TAT also holds approximately 30% of the equity of First Aviation Services, a world-wide distributor of products and services to the aerospace industry and a one-stop-shop for MRO services (wheels, breaks, propellers and landing gear) for the General Aviation Industry.

TAT's executive offices are located in the Re'em Industrial Park, Neta Boulevard, Bnei Ayish, Gedera 70750, Israel, and TAT's telephone number is 972-8-862-8500.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements which include, without limitation, statements regarding possible or assumed future operation results. These statements are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause our results to differ materially from management's current expectations. Actual results and performance can also be influenced by other risks that we face in running our operations including, but are not limited to, general business conditions in the airline industry, changes in demand for our services and products, the timing and amount or cancellation of orders, the price and continuity of supply of component parts used in our operations, and other risks detailed from time to time in the company's filings with the Securities Exchange Commission, including, its annual report on form 20-F and its periodic reports on form 6-K. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.

For more information of TAT Technologies, please visit our web-site: http://www.tat-technologies.com

Contact:

Mr. Yaron Shalem
CFO TAT Technologies.
Tel: +972-8-8268500
yarons@tat-technologies.com

©2012 PR Newswire. All Rights Reserved.

  • Local News

  • Sunday, May 19 2013 8:39 PM EDT2013-05-20 00:39:09 GMT
    "Awesome -- I lost it when I finished I have to say, but it was great. It was great," said Amy Sullivan.  The 2013 Boston Marathon runner was all smiles as she and 450 other runners crossed the finish
    A race in southern Vermont Sunday gave runners who were unable to finish the Boston Marathon a second chance at the finish line.
  • Sunday, May 19 2013 8:38 PM EDT2013-05-20 00:38:13 GMT
    They come from all over the state and wait in line for hours.     "It's become sort of a yearly event for us. We've been doing it for eight or nine years now -- we're having a blast," said Ed Sayers of
    Dozens of drivers gathered in Chelsea for a record setting road rally -- full of riddles that keep drivers and passengers on their toes.
  • Sunday, May 19 2013 8:36 PM EDT2013-05-20 00:36:52 GMT
    College graduation season is in full swing -- and Sunday in Burlington it was a big one.   A crowd of nearly 10,000 attended the 211th commencement ceremony at the University of Vermont.In all, more than
    A crowd of nearly 10,000 attended the 211th commencement ceremony at the University of Vermont.
  • Sunday, May 19 2013 8:28 PM EDT2013-05-20 00:28:28 GMT
    Fire destroyed a barn in Clinton County, New York Sunday morning.It happened in the town of Mooers. Officials say the barn on Eddy Road was engulfed in flames when firefighters arrived just before 11:30
    Officials say the barn on Eddy Road was engulfed in flames when firefighters arrived just before 11:30 a.m.
  • Sunday, May 19 2013 8:27 PM EDT2013-05-20 00:27:47 GMT
    U.S. Sen. Kirsten Gillibrand is proposing new legislation to ease the burden for students who have borrowed to pay for their education.
    U.S. Sen. Kirsten Gillibrand is proposing new legislation to ease the burden for students who have borrowed to pay for their education.
  • Sunday, May 19 2013 8:27 PM EDT2013-05-20 00:27:13 GMT
    A Berlin, New Hampshire man is dead following a kayaking accident.It happened on a stretch of the Upper Ammonoosuc River in the town of Dummer.  Officials say Keith Whitten, 58, was paddling with his wife
    A Berlin, New Hampshire man is dead following a kayaking accident.
  • Sunday, May 19 2013 8:26 PM EDT2013-05-20 00:26:39 GMT
    Woodchuck Hard Cider is taking legal action to protect its furry mascot.Last week the Middlebury company filed a trademark infringement lawsuit against South Burlington-based Woodchuck Coffee Roasters
    Woodchuck Hard Cider is taking legal action to protect its furry mascot.
  • Sunday, May 19 2013 8:17 PM EDT2013-05-20 00:17:27 GMT
    Vermont State Police have charged 22-year-old Adam Page of Newport for stealing the Newport City Elementary School bus, which has now been declared totaled. A stolen dog was also recovered in the bus
    State Police say he is also being charged with the theft of two other vehicles and a woman's dog.
Powered by WorldNow
All content © Copyright 2000 - 2013 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.