Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Alabama Governor Kay Ivey Visits UTC Aerospace Systems' Recently Expanded Facility In Foley

- Rising customer demand for company's nacelle systems helps bring 260 new jobs to Foley site

- Expansion is part of more than $500 million global investment to support Airbus A320neo industrialization

PR Newswire

CHARLOTTE, N.C., Oct. 3, 2017 /PRNewswire/ -- UTC Aerospace Systems' Aerostructures business welcomed Alabama Governor Kay Ivey to tour its recently inaugurated facility expansion where nacelle systems will be assembled and integrated with the Pratt & Whitney Geared Turbofan™ engine for the Airbus A320neo. The Aerostructures business celebrated completion of construction of the 80,000-square foot expansion to its existing facility with a ribbon-cutting in late August. UTC Aerospace Systems is a unit of United Technologies Corp. (NYSE: UTX).

Alabama Governor Kay Ivey visits UTC Aerospace Systems' recently expanded nacelle systems facility in Foley.

The industrial ramp-up for the Airbus A320neo is a major driver for the addition of up to 260 new jobs at the Foley site, which will bring total employment at the facility to more than 1,000 employees. The integrated propulsion systems for the A320neo will be delivered to the Airbus final assembly line in Mobile, Alabama, about an hour away from the Foley site. The expansion features advanced manufacturing technologies such as an automated material movement to index large nacelle component platforms down the assembly line, an overhead rail system with vacuum lifts and an automated painting system. 

"We are delighted to provide the governor an opportunity to tour this state-of-the-art facility," said Marc Duvall, president of UTC Aerospace Systems' Aerostructures business. "The Foley expansion is part of an incremental investment of more than $500 million that Aerostructures has made to build or expand six company sites around the world in support of the A320neo nacelle industrial ramp-up for the life of the airplane program."   

Aerostructures was selected by Airbus at program launch to supply the complete nacelle system for the A320neo family of airplanes powered by Pratt & Whitney's Geared Turbofan™ engine for the life of the airplane program. Over the next several years, there will be thousands of Aerostructures nacelles flying on A320neo airplanes, offering airlines and lessors a compelling value proposition through commonality and high in-service reliability. Since entry into service, the airplanes with UTC Aerospace Systems' nacelles have performed with 99.99% dispatch reliability.

The Aerostructures business was honored to receive the Airbus Supplier Support Rating for exceptional aftermarket support of airplanes at the Paris Air Show earlier this year.

About UTC Aerospace Systems
UTC Aerospace Systems is one of the world's largest suppliers of technologically advanced aerospace and defense products. UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries, supporting a global customer base with significant worldwide manufacturing and customer service facilities. For more information about the company, visit our website at www.utcaerospacesystems.com or follow us on Twitter: @utcaerosystems

About United Technologies Corporation
United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. By combining a passion for science with precision engineering, the company is creating smart, sustainable solutions the world needs. For more information about the company, visit our website at www.utc.com or follow us on Twitter: @UTC

This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in levels of demand in the aerospace industry, in levels of air travel, and in the number of aircraft to be built; challenges in the design, development, production, support, performance, and realization of anticipated benefits of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corp.'s Securities and Exchange Commission filings.

www.utcaerospacesystems.com  
@utcaerosystems

 

View original content with multimedia:http://www.prnewswire.com/news-releases/alabama-governor-kay-ivey-visits-utc-aerospace-systems-recently-expanded-facility-in-foley-300530239.html

SOURCE UTC Aerospace Systems



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today