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Pacific Aerospace & Electronics' Motorsport Casting Technology Meets Exacting Engineering Standards

13 June 2000

Pacific Aerospace & Electronics' Motorsport Casting Technology Meets Exacting Engineering Standards

    WENATCHEE, Wash. - Pacific Aerospace & Electronics, Inc. , an international
engineering and manufacturing company specializing in technically demanding
components and assemblies, reports today that its aluminum and magnesium alloy
casting technology developed for the aerospace industry is being applied
successfully and directly into the automotive racing industry.

    According to Pacific Aerospace & Electronics CEO Don Wright, the
transition to the motorsport was natural.  "Automotive racing components
require the same demanding performance criteria and quality standards as
flight hardware for military and commercial aircraft.  And, like our aerospace
customers, motorsport teams are continuously striving for materials and
process improvements, both of which are our area of expertise."

    The external appearance of today's Formula 1 or Indy Car is so closely
determined by tightly controlled technical rules that only the sponsor's
colorful logos help to distinguish one car from another, forcing the designers
to turn inward and look at refining systems and materials. Today's racecars
reverse the aerodynamics of an aircraft to create down force using the same
lightweight materials and controls as the aerospace industry.

    Through the Company's European Aerospace Group, PA&E supplies unique,
intricate thin wall automotive racing parts including, gearboxes, engine
sumps, block and heads, and wheel and brake components for the majority of the
top Formula 1 and Indy Car teams. The Company's Rochester facility produces
small ancillary gearbox and engine investment cast parts in high strength
aluminum alloy A201 and in the recently announced alloy A20X(TM). The
Worcester facility has the largest Sophia process investment casting
capability in Europe, and produces larger engine and gearbox castings needing
extreme structural integrity. The Sittingbourne sand foundry site specializes
in high strength -- elevated temperature -- long freeze range alloys in
magnesium and aluminum that are difficult to cast to x-ray standards.

    "In addition to being exciting and profitable work, high-performance
motorsport remains a very challenging and exacting industry to work for,"
added Mr. Wright. "The teams, the cars and the drivers are hyper-competitive.
And like our aerospace customers, they are continuously looking for a
manufacturing edge."

    Pacific Aerospace & Electronics, Inc. is an international engineering and
manufacturing company specializing in technically demanding component designs
and assemblies for global leaders in the aerospace, defense, electronics,
medical, energy and transportation industries. The Company utilizes
specialized manufacturing techniques, advanced materials science, process
engineering and proprietary technologies and processes to its competitive
advantage. Pacific Aerospace & Electronics has approximately 1,100 employees
worldwide and is organized into three operational groups -- U.S. Aerospace,
U.S. Electronics and European Aerospace.