Taurus Aerospace Group Appoints Larry Resnick as CEO

PHILADELPHIA, July 28 /PRNewswire/ -- Taurus Aerospace Group, a leading provider of integrated specialist solutions to aircraft OEMs and fleet customers, today announced that it has appointed Mr. Larry Resnick as Chief Executive Officer of the Company.

Mr. Resnick joins Taurus Aerospace Group from Arsenal Capital Partners where he was an Operating Director and co-lead of Arsenal's Aerospace & Defense Team. Prior to his role at Arsenal Capital, Mr. Resnick was Senior Vice President of Operations at Triumph Group, Inc.

"I am thrilled to have the opportunity to lead Taurus Aerospace Group. I share Taurus' vision of building a world-class business that provides integrated and specialist solutions across the airframe lifecycle. I look forward to working closely with the current Taurus companies and their employees to further grow the businesses. Part of that is to actively pursue additional opportunities to expand our offerings to aircraft OEM and fleet customers," said Mr. Resnick.

About Taurus Aerospace Group

Taurus Aerospace Group is a leading provider of integrated specialist solutions to aircraft OEMs and fleet customers.

Taurus' strategy is to provide its customers with a family of best-in-class companies offering products and services which support the entire airframe lifecycle, from design through manufacturing and maintenance, enhanced through superior engineering capabilities.

Taurus Aerospace Group includes three foundation companies: Brek Manufacturing, a Los Angeles-based manufacturer of monolithic structures for airframes, Aviation Technical Services (ATS), a Seattle-based provider of maintenance, repair and overhaul (MRO) services for airframes and components and Aircraft on Ground, Inc. (AOG), a Dallas-based provider of aircraft fuel tank repair and maintenance services.

Taurus is sponsored by the Macquarie Group, a recognized investor, operator and manager in a wide range of specialist asset classes around the world including aviation, infrastructure, real estate, telecommunications and media.