Air industries group announces the pay down of $1.0m of subordinated debt

Bay shore, n.y.--(business wire)---- $airi--air industries group (“air industries”) (nyse american: airi), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced it has repaid more than $1.0 million of its subordinated debt. lou melluzzo, chief executive officer of air industries group commented: “it is my pleasure to announce that we have repaid more than $1.0 million of our subordinated debt. we expect to make additional repaymen.
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