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These excerpts taken from the LDSH 10-K filed Feb 22, 2008. CompetitionThe sale of metal components for the aerospace, jet engine and industrial markets is highly competitive. Many products we manufacture are readily interchangeable with the products manufactured by our competitors. Many of our products are sold under long-term contracts which are bid upon by several suppliers. Our principal competitor, Precision Castparts Corp. (PCC), is a substantially larger business and has greater financial resources. In 2006, PCC purchased one of our larger suppliers of nickel-based alloys, Special Metals Corporation. Currently, the Company is dependent upon PCC as its sole source of supply for certain nickel-based powder alloys. CompetitionThe sale of metal components for the This excerpt taken from the LDSH 10-K filed Mar 7, 2007. CompetitionThe sale of metal components for the aerospace, jet engine and industrial markets is highly competitive. Many products we manufacture are readily interchangeable with the products manufactured by our competitors. Many of our products are sold under long-term contracts which are bid upon by several suppliers. Our principal competitor, Precision Castparts Corp. (PCC), is a substantially larger business and has greater financial resources. In 2006, PCC purchased one of our larger suppliers of nickel-based alloys, Special Metals Corporation. This excerpt taken from the LDSH 10-K filed Mar 13, 2006. CompetitionThe sale of metal components for the aerospace, jet engine and industrial markets is highly competitive. Many products we manufacture are readily interchangeable with the products manufactured by our competitors. Many of our products are sold under long-term contracts which are bid upon by several suppliers. Our principal competitor, Precision Castparts Corp., is a substantially larger business and has greater financial resources. This excerpt taken from the LDSH 10-K filed Mar 15, 2005. CompetitionThe sale of metal components is highly competitive. Certain of the Companys competitors are larger than the Company and have substantially greater capital resources. Although the Company is the sole supplier on several sophisticated components required by prime contractors under a number of governmental programs, many of the Companys products could be replaced with other similar products of its competitors. However, the significant investment in tooling, the time required and the cost of obtaining the status of a certified supplier are barriers to entry. Competition is based on quality (including advanced engineering and manufacturing capability), price and the ability to meet delivery requirements. | EXCERPTS ON THIS PAGE:
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