Company Name: StandardAero Component Services, Inc.
Location: Cincinnati
Site Region: Southwest
Industry Sector: Aerospace and Aviation
Company Profile: StandardAero is a leading independent pure-play provider of aerospace engine aftermarket services for fixed- and rotary-wing aircraft, serving the commercial, military, and business aviation end markets. StandardAero provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair, and overhaul, engine component repair, on-wing and field service support, asset management, and engineering solutions.
Company Website: https://www.standardaero.com/
Project Summary:
Type of Project: Expansion
Jobs:
- Jobs committed: 300
- Jobs retained: 746
- Types of jobs: Machinists, Parts Inspectors, and Bench Operators.
Capital Investment: $8,000,000
Company Need:
Due to increased market demand and the acquisition of new contracts, with several of these being long-term, StandardAero was seeking a site that would allow it to increase infrastructure, equipment, and talent pipeline resources to deliver on those commitments. Acquiring vacated space adjacent to current facilities also allows for StandardAero to keep all operations at one site.
Testimonial:
"This partnership not only supports the expansion of our operations but also strengthens our ability to invest in our people—our most valuable asset. We have a great team whose talent and dedication drive our success every day. I’m excited about this partnership, as it not only supports our future expansion but also creates new opportunities for our people to grow and thrive."
– Tim Mathis, Vice President and General Manager of the CRS Cincinnati Facility
Why Ohio?
As the birthplace of icons like the Wright Brothers, Neil Armstrong, and John Glenn, Ohio has been and remains a visionary force within the aerospace industry. From its vast aviation-specific R&D investments to its favorable market access, Ohio is where dreams take flight, driving innovation and growth in every facet.
As an aviation manufacturing hub with an extensive supply chain, Ohio offers businesses sustained growth for years to come. The centrally located state is bolstered by over 70 higher education institutions with aerospace occupation programs.
Collaborators:
JobsOhio, Ohio Department of Development, REDI Cincinnati