Air Cargo Equipment Company Satco, Inc. Chooses Ohio For New Operations

CVG and local air cargo growth were major factors in investment decision
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Company Name: Satco, Inc.
Location: Miami Township
Industry Sector: Advanced Manufacturing
Company Profile: Satco is a family-owned and operated manufacturing business that prides itself on building strong and lasting relationships with its customers, many of whom rank among the largest cargo airlines in the world. Satco manufactures unit load devices and air cargo equipment for commercial cargo and passenger aircraft.
Company Website: https://www.satco-inc.com/

Project Summary:

  • Type of Project: New location
  • Number of Jobs:
    • Jobs committed: 75
  • Capital Investment: $7,450,000

Company Need:

Satco designs, engineers, manufactures, and repairs unit load devices (ULD) and equipment for commercial aircrafts used by companies such as FedEx, UPS, DHL and Amazon. The company sought to establish a maintenance and assembly operation for its air cargo equipment and ULD products.

Testimonial:

“We look forward to expanding our operations to the greater Cincinnati area. Satco has been in this industry for more than 50 years, and we are excited for the opportunity to be closer to our customers in order to continue to provide the best in class products and services we are known for. We appreciate the support that we have received to date from REDI Cincinnati.” – Mike Proctor, president and CEO, Satco.

Why Ohio?

Satco chose Miami Township, for the expansion. The location will help it serve its customers at Cincinnati/Northern Kentucky International Airport (CVG) and the surrounding area.

In addition to the building’s proximity to CVG, Satco credited its distance from other airports in Wilmington, Dayton and Columbus as well as the move-in ready quality of the building for the company’s choice.

Ohio has seven commercial air carrier airports and 97 general aviation airports. Many of these airports serve UPS, DHL, FedEx and the U.S. Postal Service, which have six distribution and processing hubs in Ohio – more than any other Midwest state.

Collaborators:

REDI Cincinnati, Ohio Development Services Agency, JobsOhio