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Brek Manufacturing Marwan Hammouri, CEO

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Page 1: Brek Manufacturing Company Presentation - USC › files › 2016 › 08 › Marwan...Brek Manufacturing Company was founded in 1968 and headquartered in Gardena, California, is a leading

Brek Manufacturing

Marwan Hammouri,

CEO

Page 2: Brek Manufacturing Company Presentation - USC › files › 2016 › 08 › Marwan...Brek Manufacturing Company was founded in 1968 and headquartered in Gardena, California, is a leading

Growth through Innovation

Page 3: Brek Manufacturing Company Presentation - USC › files › 2016 › 08 › Marwan...Brek Manufacturing Company was founded in 1968 and headquartered in Gardena, California, is a leading

CONFIDENTIAL3

Overview

Brek Manufacturing Company was founded in 1968 and headquartered in

Gardena, California, is a leading manufacturer of large, complex structural

components and sub-assemblies for the commercial and military aircraft

markets.

The Company was acquired by Taurus Aerospace Group in January 2008

Brek is a high performing supplier with world class machining capability producing a wide

range of aluminum structural components such as bulkheads, floors, frames, ribs, spars,

and longerons that are incorporated into virtually every aspect of an aircraft, from the

fuselage to the wing tip

The Company is an award winning supplier to the world’s most attractive programs, such

as the B737, B777, B787, A-380, F-18, F-15, F-35, V-22, CH-47, and UH-60, through a

blue chip list of OEM and Tier I customers such as Boeing, Airbus, Northrop Grumman,

and Spirit Aerosystems

Page 4: Brek Manufacturing Company Presentation - USC › files › 2016 › 08 › Marwan...Brek Manufacturing Company was founded in 1968 and headquartered in Gardena, California, is a leading

CONFIDENTIAL4

Facilities Map

Administrative Offices

&

Shipping and Receiving(1513 West 132nd Street)

Plant 1

Manufacturing Operations(1436 West 134th Street)

Plant 2

Assembly Operations(13301/13303 Halldale Ave)

Plant 3

Manufacturing Operations –

26,245²ft (1521 West 134th Street)

Plant 4 Manufacturing facility (44,000²ft) is located 3.2 miles south of Plant 1.

Plant 1, 2, 3

Plant 4

(Plant 4 (1435 West 178th Street) - 44,000²ft Manufacturing Facility is located 3.2 miles south of Plant 1.

190,000 square foot facility spread out over 5 sites (12 buildings) within close proximity to each other.

Page 5: Brek Manufacturing Company Presentation - USC › files › 2016 › 08 › Marwan...Brek Manufacturing Company was founded in 1968 and headquartered in Gardena, California, is a leading

CONFIDENTIAL5

Airbus

Boeing Commercial Airplane

Group

Boeing IDS

FHI

Goodrich

Gulfstream

KHI

Lockheed

MHI

Northrop Grumman Corporation

Spirit Aerosystems

Vought Aircraft Industries

Our Quality Control System conforms to the requirements of ISO 9001:2008, and

AS9100 Rev C

Quality Approvals

Page 6: Brek Manufacturing Company Presentation - USC › files › 2016 › 08 › Marwan...Brek Manufacturing Company was founded in 1968 and headquartered in Gardena, California, is a leading

CONFIDENTIAL6

Nose

Bulkheads

Floor PanelsUnder Floor Bulkheads Center Wing Box Wing Spars

Leading Edge Spar

Flap Spars, Ribs, Slats

Ramp Bulkheads

Door Kit

Comprehensive line of products incorporated into every aspect of an aircraft

What we do…..

Webs, Beams, Trap Panels,

(Center Wing Box)

Page 7: Brek Manufacturing Company Presentation - USC › files › 2016 › 08 › Marwan...Brek Manufacturing Company was founded in 1968 and headquartered in Gardena, California, is a leading

CONFIDENTIAL7

Weapons Bay Door Hinge Assembly Jig

Page 8: Brek Manufacturing Company Presentation - USC › files › 2016 › 08 › Marwan...Brek Manufacturing Company was founded in 1968 and headquartered in Gardena, California, is a leading

CONFIDENTIAL8

Innovation and Best Practices

Background:

I joined Brek in June 2013, In the first 12 months the

company future sales were to experience a 60% drop due to

the C17 program stop, F18 production cuts of 50% and other

contracts that we coming to an end.

We experienced a dip in sales and had to adjust

operations accordingly, The company sales in 2015 ended at

55% compared to 2013, on the other hand, we had less that

30% drop in EBITDA.

Brek estimated sales for 2016 are within 20% of 2013

and we estimate an EBITDA that is much higher than 2013.

Page 9: Brek Manufacturing Company Presentation - USC › files › 2016 › 08 › Marwan...Brek Manufacturing Company was founded in 1968 and headquartered in Gardena, California, is a leading

CONFIDENTIAL9

Innovation and Best Practices

Many companies take the following approach:

Businesses are inclined to focus on solving their problems

rather than fixing the processes. “When do you stop trying

to fix a loser and work on growing the winner”.

We have been successful doing what we are doing for as

long as we have been in business. “Why change”

Page 10: Brek Manufacturing Company Presentation - USC › files › 2016 › 08 › Marwan...Brek Manufacturing Company was founded in 1968 and headquartered in Gardena, California, is a leading

CONFIDENTIAL10

Innovation and Best Practices

What did Brek do:

Invest in new technological advanced equipment, software

and tools.

Implement ideas and methods to improve productivity

utilizing the following:

Multi-Axis High Speed equipment with multi-pallets for lights out

operation.

Mobile Laser Inspection tools to check product in the manufacturing

cell rather than moving to inspection.

Automatic system generated reports to inform individuals and

departments of exceptions and actions required.

Transform experiences to standard processes followed by

documentation and training.