CHARLOTTE, NC, Oct. 25, 2002 -- Goodrich Corporation has formed an alliance to streamline the sale of its Aviation Technical Services division’s spare parts inventory to customers such as airlines and providers of maintenance repair and overhaul services. The Everett, WA-based Aviation Technical Services team, working with Tracer, an aircraft aftermarket parts and services provider, has formed a three-year alliance to outsource the marketing and sales of its spare parts inventory. 

The Goodrich spare parts inventory includes airframe and engine parts, Auxiliary Power Units, wheels and brakes as well as a large number of aircraft expendables. 

According to Goodrich’s Guy Ogino, Aviation Technical Services Director of Supply Management, “With the Tracer alliance we are now able to improve the flow of our inventory to the aftermarket, thus allowing our customers to improve their turn times and save money by keeping their aircraft flying as opposed to on the ground waiting for parts. We are continuously examining our processes and looking for opportunities for improvement. This alliance allows us to focus on our core business of aircraft maintenance, repair and overhaul services.”

In commenting on the new alliance, Tracer CEO Bill Morales said, “We see four keys to success in today’s aviation aftermarket; connectivity, logistics, visibility and accountability. With our Goodrich alliance, we’re bringing parts to market with both our on-the-ground nationwide sales team and via our website, http://www.tracercorp.com. Customers can browse online, then talk to a Tracer customer support specialist to ensure they’re ordering the right part for the right application. Our partnership with Goodrich is a great example of two progressive aerospace companies finding new ways to make life easier for our customers.”

Tracer has developed parts partnerships with leading airlines, OEMs and aftermarket suppliers. The company’s sales and service capabilities and Internet presence provides airlines, aviation MROs, OEMs, resellers and aviation parts brokers with a one-stop source for parts. Tracer’s website contains a large array of aircraft parts, all with full certification and traceability, available for browsing, without registration, by aviation parts buyers. 

With 2001 sales of $4.2 billion, Goodrich Corporation (NYSE: GR - News) is a leading worldwide supplier of aerospace components, systems and services. Headquartered in Charlotte, North Carolina, Goodrich is ranked by Fortune magazine as one of the "Most Admired" aerospace companies and is included on Forbes magazine's "Platinum List" of America's best big companies. For more information visit http://www.goodrich.com. 

Tracer is a privately held, full service provider of commercial aviation parts and services. Headquartered in Milwaukee, WI, Tracer serves airline customers around the world, providing just-in-time aviation aftermarket parts and inventory parts management and logistics services. Sales offices are located in Chicago, Miami, Atlanta, Dallas, Indianapolis and Milwaukee. Tracer is a Milwaukee Future 50 Company. For more information visit http://www.tracercorp.com.