Milwaukee, WI. October 4, 2000: Tracer Corp. announced the signing of a major partnership with Honeywell Intl., Aviation Aftermarket Services. Tracer will serve as the exclusive sales channel for as much as $20 million in Honeywell commercial aircraft surplus parts. The parts consignment agreement between Tracer and Honeywell calls for top quality, fully traceable surplus parts to be shipped from Honeywell facilities around the world to Tracer’s Milwaukee headquarters and logistics center.

Tracer will provide sales, warehousing and logistical support, managing the sale of the Honeywell inventory on a consignment basis. The material includes new and fully documented surplus parts. Included are commercial aircraft auxiliary power units, wheels, brakes, control surfaces, avionics and other critical aircraft components.

Honeywell Director of Aviation Aftermarket Services, Jim Blaskovich said “Tracer is an outstanding partner choice for us. Tracer’s aggressive use of new technologies in the sale, marketing and logistical support of our surplus program is key to our partnership. Outsourcing our surplus sales makes good sense for us.”

Bill Dixon, President of Tracer, said “Honeywell’s consignment will enable strategic growth and allow us to take better care of our existing customer base. We plan to use state of the art eCommerce technology. We will employ the listing services of the Inventory Locator Service, MyAircraft.com and the transaction netmarkets such as TradeAir.com to manage the sale of Honeywell’s inventory. Aerospace Net markets really speed the process, making our partner’s parts available too as wide a market as possible. It will be very easy for customers to quickly find and buy Honeywell’s parts. Tracer is all about putting the right part in the right place at the right time.”

Tracer Corp. is a full service provider of commercial aviation parts and services. Headquartered in Milwaukee, WI. Tracer serves over 250 customers around the world, providing just-in-time aviation parts services. Tracer is a Milwaukee Future 50 Company. For more information contact Bill Dixon at (414) 875 1234.

Honeywell's Aviation Aftermarket Services delivers world-class maintenance, repair and overhaul support for Honeywell aviation products. The Aviation Aftermarket business includes Repair and Overhaul facilities throughout the world, combining the repair and overhaul functions of Engines & Systems, Aerospace Electronic Systems and Aircraft Landing Systems. The Repair and Overhaul business services a wide variety of components for thousands of customers worldwide.