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Gold/Mining/Energy : Avcorp Industries Inc. AVP-TSE

AVP 5.600

-0.9%

Jan 3 4:00 PM EST

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To: Robert Dydo who wrote (1)	12/3/1998 10:57:00 AM
From: Robert Dydo	Read Replies (1) of 21

Van Sun says Boeing's pain may be Avcorp's gain Avcorp Industries Inc AVP Shares issued 13,873,623 Dec 2 close $3.65 Thu 3 Dec 98 In the News The Vancouver Sun reports in a combined Reuters dispatch in its Thursday edition that production cuts announced by Boeing could result in more work for Delta parts manufacturer Avcorp Industries, according to a company official. Reporter Alan Daniels notes that Dale Hunt, vice-president of marketing and business development, says that Avcorp may be able to pick up additional contracts if production previously done at Boeing's own assembly plants is contracted to outside suppliers. Mr. Hunt says the aerospace industry is being driven by Boeing and Airbus Industrie and they are competing on price, so he would think it is entirely possible. He says that Avcorp sees this initiative by Boeing as an opportunity to participate with them in additional outsourcing potential. With a reduction in manpower of the magnitude they are speaking, there has to be some opportunities that Avcorp will be pursuing, according to Mr. Hunt.

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