Profile: Trans-Pacific Aerospace Company Inc (TPAC.OB)

Trans-Pacific Aerospace Company, Inc., incorporated on June 5, 2007, is a development-stage company. The Company is engaged in designing, manufacturing and selling aerospace quality component parts for commercial and military aircraft, space vehicles, power plants, and surface and undersea vessels. Its product designs address over 3,000 component parts that are utilized in new and used commercial aircraft and military aircraft, space vehicles, power plants and surface and undersea vessels. Its initial products include self-lubricating spherical bearings for commercial aircraft. The Company owns a 25% of the capital stock of Godfrey (China) Limited (Godfrey). As of October 31, 2011, its operations had focused on assisting Godfrey (China) Limited, a Hong Kong corporation, in the development of its production facility in Guangzhou, China and the design and engineering of Godfrey’s initial product line of spherical bearings. In April 2013, it announced the acquisition of 55% ownership interest in Godfrey (China) Limited.

The Company’s initial operations were focused on the Chinese bearings market and conducted in partnership with Godfrey (China) Limited. Its bearings and component parts are designed to meet the specifications and standards of the United States Navy and are used in the manufacture of commercial aircraft, among other products.

The Company's spherical bearings facilitate proper power transmission from one plane surface to another, provide for articulation of mating parts and reduce friction. In general, a spherical bearing permits angular rotation about a central point in two orthogonal directions within a specified angular limit based on the bearing geometry. These bearings support a rotating shaft in the bore of the inner ring that must move not only rotationally, as most shafts, but also at angle. Spherical bearings permit freedom of rotation on the two axes that are not parallel with the shaft axis (although some bearings do permit this also). It consists of one ball and one race, the ball is essentially a sphere with a hole bored through the center and the race is a ring that surrounds the ball. The ends of the sphere extend out past the surface of the race. These bearings are not used in rotational applications, but are used in misalignment applications or in hinging applications.

Spherical bearings act much like an elbow, wrist or knee joint acts in that they allow for slight rotation and severe misalignment. In aircraft they are used on doors, hatches, landing gears, some flight control surfaces, slats, leading edges and trailing edges and on horizontal and vertical stabilizers. They are also used in engines as engine hangers and to open and close stator vanes.

The Company competes with Minebea Co. Ltd. and RBC Bearings, Inc.