wiredinusa March 2012

INDEX

Executive Secretary’s early retirement

The IWMA has announced the retirement of Phillip Knight who has served as Executive Secretary for over 10 years. It had been Phillip’s intention to retire in the summer but, because of health concerns, he reluctantly brought the date forward to 29 th February 2012. With Phillip’s guidance the IWMA has enjoyed a steady increase in international membership which has grown by over 40% during his tenure. IWMAChairmanColinDawson,onbehalfof theExecutive Committee and all member companies, wished Phillip a long and happy retirement. The appointment of a new Executive Secretary will be announced in due course. Any queries should be directed as usual to the IWMA offices on +44 1926 834680 or via email at info@iwma.org

Novaria will pursue strategic growth and expansion of Fitz’s capabilities while also delivering enduring value to customers, employees, and the aerospace industry. As part of the acquisition, Fitz Manufacturing will be renamed Fitz Aerospace. “There is significant opportunity for Fitz to accelerate its growth plans by joining forces with Novaria,” said Earl Larkin, managing partner of Novaria Group. Fitz’s manufacturing capabilities are focused on three primary product categories: aerospace bushings, aerospace fasteners, and precision- machined components. Fitz’s customers include many major tier 1 and tier 2 OEMs, including Boeing, Bombardier and Wesco. Fitz will maintain its current 132,000ft 2 location in North Richland Hills, north of Fort Worth, Texas. The company has around 150 employees and was founded in 1995 under the vision and entrepreneurial spirit of the Fitzgerald family, including Greg’s parents, Barry and Bonnie Fitzgerald and longtime friend Steve Huey. Novaria announces acquisition

Fort Worth-based Novaria Group has acquired Fitz Manufacturing Industries, a supplier of precision aerospace components.

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