ThyssenKrupp Services announced the launch of ThyssenKrupp Aerospace, the world’s first global materials service provider at the Farnborough International Airshow (14-20 July 2008) in Hampshire, UK. The new company incorporates ThyssenKrupp’s existing aerospace distribution and supply chain management businesses with Apollo Metals & Aviation Metals, which it acquired earlier this year, and will trade globally under the “ThyssenKrupp Aerospace” name. The business will be managed by a single global management team led by Stuart Wilkins, its President. ThyssenKrupp Aerospace will reduce customer’s supply chain costs by providing a comprehensive material service from the just in time delivery of processed metals through to finished parts kitting. Its multi-national team consists of over 1000 people based at 30 quality-approved service centres, located in all the aerospace manufacturing regions of the world. These locally-based teams are able to work with customers and their sub contractors to fully understand their requirements at a local level and, through the application of advanced software tools, are then able to aggregate demand on a global basis. As a result, customers can take full advantage of ThyssenKrupp Aerospace’s purchasing leverage to achieve optimum material pricing, whilst ensuring that every member of their supply chain is provided with a local service tailored to their individual needs.