MB Aerospace signs $1bn agreement with US firm

MB Aerospace websiteImage copyright
MB Aerospace

A Scottish engineering organisation has sealed a $1bn (£780m) agreement to yield moody engine tools to a US company.

MB Aerospace pronounced it would partisan 160 new staff as partial of a 10-year agreement with Pratt Whitney, a multiplication of United Technologies Corporation (UTC).

The Motherwell-based association pronounced a agreement was a “milestone opportunity”.

MB Aerospace also has production operations in a US and Poland and employs about 1,600 people.

A infancy interest in a Scottish organisation was taken by Blackstone private equity in 2013.

‘Milestone opportunity’

Chief executive Craig Gallagher said: “We are hugely deferential of a trust placed in us by United Technologies and Pratt Whitney to support their programs.

“MB Aerospace and UTC already possess a clever operative attribute opposite Pratt Whitney’s commissioned bottom programs, and this agreement represents a miracle event for a universe category teams to support UTC.

“The MB Aerospace organisation has already invested some-more than $50m in machining technology, comforts enlargement and in a final year has recruited an additional 100 new full-time employees in support of this expansion and forward of a agreement of this sparkling contract.

Image copyright
MB Aerospace

Image caption

MB Aerospace arch executive Craig Gallagher pronounced a association designed to occupy 100 engineering specialists

“Included in a investment in people is a ground-breaking engineering services group of some-more than 40 technical and programming specialists to support any of a business units from a executive heart located in Rzeszow, Poland.

“We devise to grow this group to during slightest 100 engineering specialists to support a business by a heated duration of expansion confronting a attention in a subsequent 3 to 5 years.”

Sam Abdelmalek, Pratt Whitney clamp president, said: “We value a long-standing relationship, and MB Aerospace is a vicious retailer in a world-class supply chain.

“As Pratt Whitney strives for supply sequence excellence, suppliers like MB Aerospace that dedicate to a retailer bullion program, cost reductions and contractual governance will have opportunities to grow with us.”

Short URL: http://ukmagazine.org/?p=151589

Posted by on Jun 19 2017. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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