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CIRCOR Aerospace Announces the Acquisition of Motor Technology, Inc.

May 21, 2008

CIRCOR Aerospace Products, a CIRCOR International, Inc. (NYSE:CIR) business has completed the acquisition of Motor Technology, Inc (MTI) of Dayton, Ohio, a specialized manufacturer of electric motors and electromechanical equipment for the aerospace, defense, medical and transportation markets.

Motor Technology has been a leader for over 25 years in the design and manufacture of fractional horsepower DC motors, gear motors and brake motors. MTI products can be found on commercial and defense aerospace applications, including the Boeing commercial family of aircraft and the F/A-22 Raptor and F-35 Joint Strike Fighter.

CIRCOR Aerospace Products is a global leader in the design, manufacture and testing of complex aerospace and defense fluid controls, control and actuation systems and integrated landing gear assemblies. CIRCOR Aerospace has manufacturing and design centers in North America, Europe and Asia, producing aerospace products under the Circle Seal, LOUD, Aerodyne and Industria brand names.

Commenting on the transaction, Chris Celtruda, Group Vice President, CIRCOR Aerospace Products, stated, “The MTI business expands our in house capability for electromechanical controls and enhances our ability to offer integrated systems for our core aerospace and defense customers.”

About CIRCOR Aerospace Products Group

The CIRCOR Aerospace Products Group is focused on the design, development, and manufacture of specialty fluidic control, actuation, and aircraft landing gear systems for demanding aerospace and defense applications. CIRCOR Aerospace provides a full range of fluid controls and electro-mechanical controls, actuation systems, manifold assemblies, and complete landing gear systems. CIRCOR Aerospace has business units located in California, Ohio, New York, Paris, Chemille and Pau, France, Tangier, Morocco and Suzhou, China.

CIRCOR International is headquartered in Burlington, Massachusetts and the CIRCOR Aerospace Products Group is headquartered in Corona, California.

Media Contact:

Jackie Osborne, CIRCOR Aerospace, Inc.
Mobile: +1 (951) 310-2544
Office: +1 (951) 270-6221
Fax: +1 (951) 270-6201
info@circoraerospace.com
circoraerospace.com
 
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