Aero Accessories/Tempest Announce Acquisition of Precision Carburetor Product Line

GREENVILLE, SC — A group including Tim Henderson, president of Aero Accessories, and others involved in the manufacture of the Tempest brand of general aviation products and Precision Airmotive have reached a tentative agreement to acquire Precision’s MSA line of carburetors and spare parts. The details of the agreement remain undisclosed, however the production line will be moved to a North Carolina headquarters and manufacturing facility. The acquisition and move are scheduled to be completed by Jan. 31, 2008.

The Henderson Group’s immediate plans for the product line will be to continue to produce the carburetors and parts as Precision has in the past. The long term strategy will be to integrate the product line into the engineering and research & development programs that have inspired industry leading product and safety improvements to current Tempest pneumatic and filtration products. The carburetor products will be sold under the popular “Tempest” brand name.

“We believe this to be an opportunity that meets a need in the general aviation industry” stated Aero’s President Tim Henderson. Stan Fletcher, Tempest Plus Marketing Group President, stated, “Precision carburetor products meet the same high standards for quality and value that Tempest has become known and respected for in the industry. We are excited about the acquisition of this high-quality product.”

Tempest is the leading brand of pneumatic systems including the Tornado 3000 dry air pumps, filters, valves, regulators and electric stand-by pumps. Additionally they market Tempest fuel pumps and magneto parts, and a complete line of aviation spin-on oil filters. Manufacturing facilities are located in Gibsonville, NC with sales and marketing offices located in Greenville, SC and Atlanta, GA.