New Breed Logistics to Provide End-to-end Supply Chain Management of Boeing Commercial Aircraft Fasteners

HIGH POINT, N.C., Nov. 21, 2011 /PRNewswire/ -- New Breed Logistics, Inc., headquartered in High Point, North Carolina, has announced that they have been selected by The Boeing Company to provide logistics and supply chain management of commercial aircraft fasteners in support of the Boeing Aggregated Standards Network (BASN) program. This agreement represents continued growth of the relationship between New Breed and The Boeing Company.

The program includes planning, ordering, storage, and distribution of fasteners for up to 300 Boeing suppliers and 20 Boeing fastener manufacturers. Services New Breed will provide include forecast aggregation for fasteners, capacity planning, supply base management, inbound transportation management, product storage, order processing, and coordination of outbound transportation.

Louis DeJoy, New Breed's Chairman & CEO commented, "We focus every day on providing superior technology-driven solutions and precision execution that transform our clients' supply chains. This expansion of our relationship with Boeing demonstrates that our efforts have truly made a difference for them and provides further incentive for us to keep raising the bar."

New Breed was selected in 2006 as the lead logistics provider for the 787 Dreamliner final assembly and delivery program at Boeing's manufacturing campus in Everett, Washington. In 2010, Boeing established a second 787 final assembly operation in North Charleston, South Carolina, and again selected New Breed to operate the support facility.

Additionally, New Breed supports several other Boeing commercial and defense aviation programs. The Company operates the Boeing Commercial Airplanes spare parts program for eastern North America, South, and Central Americas; the F/A-18 Integrated Readiness Support Teaming, or FIRST, program; spares programs for the H-46 rotorcraft, Japanese and Italian KC-767 tankers, F-15s, the C-17 and the F-22. The Company also provides parts kitting and line-side delivery services for new-build military rotorcraft programs at Boeing's Ridley Park, PA manufacturing site that include the Chinook and V-22 Osprey.

New Breed received the prestigious Boeing Performance Excellence Award (BPEA) in 2007, 2008, 2009 and 2010. The Boeing Company issues the BPEA annually to recognize suppliers who have achieved superior performance. For more information on the Boeing Performance Excellence Award, visit http://www.boeingsuppliers.com/supplier_portal/bpea.html.

About New Breed Logistics:

New Breed Logistics, Inc. is a supply-chain and distribution center operations company, featuring worldclass capabilities in warehousing & distribution, manufacturing support, service parts logistics, reverse logistics, refurbishment and repair, procurement services, transportation management, business process improvement, and supply chain consulting. Globally recognized for its superior service capabilities, New Breed is consistently named among the leading Third Party Logistics Providers, and one of the top "North Carolina 100" privately held companies by Grant Thornton. New Breed employs more than 7,500 people and operates more than 50 distribution centers. More information is available at www.newbreed.com.

SOURCE New Breed Logistics