Coast Composites And Odyssey Industries Add New Machining Capabilities To Manufacture Large Layup Molds And Assembly Tooling For Aircraft Manufacturing

Santa Ana, CA /PRNewswire/ - Coast Composites and Odyssey Industries announced today that they have added sophisticated state-of-the-art manufacturing equipment to their already substantial manufacturing facilities. This represents a significant Capital Expenditure investment for these members of the AIP Aerospace Tooling Group, further augmenting their capability to meet their increasing demands for high quality tooling and shorter delivery schedules from aerospace customers.

Coast Composites in Santa Ana, CA took delivery of a new High Velocity 5-Axis Milling Machine manufactured by Parpas America Corporation. The new Parpas XS Mill became operational on May 12, 2014. At 59-ft (18-m) of X-axis travel, this machine adds additional capacity to Coast's already significant large machining capability for manufacturing molds from Invar, aluminum, steel, and carbon composites. A unique patented thermal management system by Parpas improves tolerances by keeping the structure of the machine at a constant controlled ambient temperature.

"We also installed a Parpas XS machine at our Odyssey Tooling, Inc. facility in Lake Orion, Michigan which became operational on June 18, 2014. It is identical to the Parpas High Velocity 5-Axis Mill installed at Coast Composites but with a 40-ft (12-m) X-axis travel," said Mr. Walsh, Chief Operating Officer of AIP Aerospace Tooling Group.

A second Parpas Duplex XS machine will become operational at Coast Composites in the third quarter of 2014. This machine will also have 59-ft (18-m) of X-axis travel and will have two separate spindles capable of cutting two separate tools at the same time. Improved tolerances from the Parpas thermal management system is also featured on this machine.

"We made the investment in these extremely precise, high velocity milling machines to increase our capacity and deliver on the higher quality requirements that our aerospace customers expect," concluded Mr. Walsh.

ABOUT COAST COMPOSITES
Coast offers over 25 years of tooling experience and is the market leader in the design and manufacture of medium to large-scale complex molds and mandrels for the manufacture of composite aerospace parts. They specialize in making molds from Invar and composite materials to provide their customers all over the world with superior part accuracy. Please visit us at: http://aipaerospace.com/coastcompositeshome/

ABOUT ODYSSEY INDUSTRIES
Odyssey is located in Lake Orion, Michigan and has emerged as one of the major aerospace tooling manufacturing companies in the nation. Odyssey specializes in small to large size molds, assembly jigs, and transport fixtures. Please visit us at: http://aipaerospace.com/odysseyhome/

ABOUT AIP AEROSPACE
AIP Aerospace is one of the largest independent aerospace tooling group providers and suppliers of high temperature composite parts, critical components, aircraft structures, transparencies, and coating technologies. Our strategically aligned Tooling Group, Automation and Integration Group, and Composites Components companies harness the unrivaled expertise of our dedicated industry professionals and state-of-the-art facilities across the United States. For more information, please visit us at: http://www.aipaerospace.com

Important Note:
This press release contains statements on future developments that are based on currently available information. It involves risks and uncertainties that could lead to actual results deviating from these forward-looking statements. The statements on future developments are not to be understood as guarantees. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those factors are: changes in budgetary policies and product sourcing strategies; the company's competitive environment; the terms and timing of awards and contracts; and economic conditions. Coast Composites undertakes no obligation to update any forward-looking statements.