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Thu, Jan 15, 2009

Economic Incentives: TCM Readying Major Price Cuts On New/Rebuilt Engines?

TCM Seems Ready To Compete With Tough Economy

In and amongst all the bad news, there are glimmers (here and there), of some good news. The best news of all is not all that specific but the hopeful fact that we are seeing a number of companies refusing to sit back and hide until the economic sun comes out. Some, it appears, are ready to make their own sunshine... and the latest of those appears to be an increasingly aggressive Teledyne Continental Motors.

ANN has learned from sources close to the executuve team at the Mobile, Alabama, engine builder that TCM is preparing its own economic stimulus plan -- in defiance of the gloom and doom seen in media reports and to fight off the more competitive climate produced by factors like Lycoming's recent purchase of Superior.

As ANN understands it, TCM is preparing to announce aggressive price reductions on new and rebulilt engines -- on the order of 10 percent. This new program will standardize pricing across the board on all new and rebuilt engines and provide additional incentives for owners to install 'Zero-Timed' powerplants that meet new factory specs and can thus be 'turned around' in a fraction of the time the average overhaul might require.

ANN expects an official announcement for this program shortly and will bring you that news as soon it is made public.

FMI: www.tcmlink.com

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