Consolidated Precision Products Corp. Appoints Andy Klaus as Chief Financial Officer

CLEVELAND, April 3, 2013 /PRNewswire/ -- Consolidated Precision Products Corp. ("CPP") today announced the appointment of Andy Klaus as Chief Financial Officer ("CFO").  Klaus, who assumes CFO responsibilities from Ron Hamilton, will report to Chief Executive Officer and President, Jim Riley.   

Mr. Klaus recently joined CPP from JMC Steel Group, a Chicago-based industrial pipe and tube manufacturer, where he served as Corporate Controller.  Previously, Mr. Klaus served in various financial and accounting roles at companies including Royal Appliance Manufacturing and TTI Floor Care North America.

"Andy's expertise in managing a leveraged capital structure and experience in the areas of finance and compliance make him an excellent addition to our team," Mr. Riley commented.

Mr. Hamilton has been appointed as the Vice President of CPP's Structural Investment Casting Group.

Mr. Riley added, "We value Ron's contributions to the business and are excited to have him serve in another leadership role within the company."

About Consolidated Precision Products Corp. (CPP)
Consolidated Precision Products Corp. ("CPP"), headquartered in Cleveland, OH, is a leading manufacturer of highly-engineered castings and sub-assemblies primarily for the commercial aerospace and defense markets. Founded in 1991, CPP is one of the world's largest investment and precision sand casting companies, producing complex super alloy, aluminum, magnesium and steel castings for a variety of leading commercial and military aircraft, weapon systems, regional/business jets, helicopters and industrial gas turbines. CPP serves a wide range of global, blue chip customers including, Boeing, Airbus, Hamilton Sundstrand, General Electric, Honeywell, Pratt and Whitney, and Lockheed Martin on platforms such as the 737, 777, 787, A320, A340, F-35 Joint Strike Fighter, F-22 Raptor, Apache, V-22. For more information about CPP, visit www.cppcorp.com.

Contact:
Andy Klaus
CFO
(216) 453-4810

SOURCE Consolidated Precision Products Corp.