New Century, under its brand name Century Turn, specializes in manufacturing, remanufacturing and retrofitting machine tools, primarily Vertical Boring Mills and large Lathes.
By offering remanufactured vertical boring mills, the company saves or conserves millions of dollars per year in energy costs by reutilizing the major castings of each vertical boring mill. These savings, generally in the range of 40% to 60%, allow New Century to be the most price-competitive manufacturer of vertical boring mills in the U.S.

New Century machines are also used by manufacturers of jet engine components, airplane landing gear parts, oil and gas components, to name a few. New Century currently manufactures its machines in state-of-the-art facilities in Santa Fe Springs, CA

 

OTCBB: NCNC

Sectors:

Manufacturing
Diversified Machinery Industrial Equipment & Components Machine Tools & Accessories

What we do:
New Century Remanufacturing specializes in rebuilding and retrofitting medium to large size horizontal and vertical Boring Mills, Lathes and Machining Centers.

Remanufacturing:
They offer current state of the art facilities in Santa Fe Springs, California, where they can completely remanufacture machine tools to original tolerances and retrofit a variety of controls and hardware to meet today's demands in manufacturing.

Rebuilding:
New Century Remanufacturing can rebuild Boring Mills, VTL's, Lathes & Grinders to OEM standards and update or re-engineer to meet the production requirements of the modern shop.

Retrofitting:
Complete design assembly and test capabilities are available for most CNC control retrofit. They offer "in field" installation as well as "on floor" re-control of most CNC machine tools. Their facilities are conveniently located in the Los Angeles area in Southern California. They encourage your company to visit and see their modern, progressive shop. For more information, please call 1-562-906-8455 or fax them at 1-562-906-8459.

Info from NCNC's most recent 10-K Annual Report of May 20, 2009: Read More

 

Share Structure:

Outstanding Shares:  15,344,656

 

Insider Ownership:

NAME OF BENEFICIAL OWNER	NO. OF SHARES			OWNERSHIP
David Duquette		2,433,334	(1)		16	%
Josef Czikmantori		1,300,000	(2)		8	%
Officers and Directors as a Group (2 persons)		3,733,334			24	%

 

Based on 15,344,656 shares outstanding. Common stock subject to options or warrants that are currently exercisable or exercisable within 60 days of December 31, 2008 are deemed to be outstanding and to be beneficially owned by the holder thereof for the purpose of computing the percentage ownership of such person but are not treated as outstanding for the purpose of computing the percentage ownership of any other person.

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Recent NCNC News - MERGER COMPLETED!

New Century Companies, Inc., (OTCBB: NCNC.OB - News), announced today that it has successfully completed the merger with Precision Aerostructures Companies, Inc. Russell Armstrong, Crescent Financial Advisors, Inc., was instrumental in the introduction and closing of the merger transaction.

David Duquette, CEO of New Century Companies, Inc. stated, "We are pleased to have Precision Aerostructures Companies, Inc. join New Century Companies, Inc. as an integral part of our Company going forward. We are looking forward to a prosperous and successful relationship."

Michael C. Cabral, CEO of Precision Aerostructures Co., Inc. stated, "We are delighted the merger has been completed and I am looking forward to working with Mr. Duquette in building a successful and profitable business for our customers, investors and stockholders."

About Precision Aerostructures Co., Inc.

Precision Aerostructures is a world class supplier of precision machined details and assemblies for many of the major aircraft builders in the United States and around the world. We specialize in engineering, and manufacturing of precision CNC machined multi-axis structural aircraft components for customers such as MRAS/General Electric, Spirit Aero Systems, Boeing L3 Communications and Eclipse Aerospace. Precision Aerostructure's production facility is in Rancho Cucamonga, CA. For more information please visit Precision Aerostructures's website at www.precisionaerostructures.com.

 

About New Century Companies, Inc.

New Century Companies, Inc. is one of the leading U.S.-based makers of machine tools, primarily vertical boring mills and large lathes such as vertical turning centers (VTCs). It specializes in re-manufacturing, starting with existing major castings and fitting them with state-of-the-art, computer-controlled equipment. These products generally cost 40% to 60% less to manufacture than new ones. New Century passes these savings on to its customers, which include such leading manufacturers as General Electric Co., General Dynamics Corp., Siemens AG and Gardner Denver. New Century machines are used to manufacture jet engine components, airplane landing gear parts, power generation equipment, oil and gas production components and construction materials, to name just a few applications. New Century's production facility is in Santa Fe Springs, CA. For more information please visit New Century's website at www.newcenturyinc.com.

 

Safe Harbor

Forward-looking statement: Except for historical information, this press release contains forward-looking statements, which reflect the Company's current expectation regarding future events. These forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from those statements. Those risks and uncertainties include, but are not limited to, changing market conditions and other risks detailed from time to time in the Company's ongoing quarterly filings, annual information form, and annual reports. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events in this press release might not occur.

CONTACT:

David Duquette, CEO, New Century Companies, Inc., Phone: (562) 906-8455

 

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Contact NCNC.OB

www.newcenturyinc.com
Address:
9831 Romandel Ave.
Santa Fe Springs,
CA 90670
Email: info@newcenturyinc.com
Phone: (562) 906-8455
Fax: (562) 906-8459

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