November 24, 2014
New operation expands StandardAero’s footprint
STANDARDAERO is adding a strategic new business line to its already extensive operation for gas turbine engine maintenance repair and overhaul around Richardson International Airport.
The company, owned by Dubai Aerospace Enterprise Ltd., is making a multimillion-dollar investment in Winnipeg, effectively creating a new business called StandardAero Component Services (SACS) Canada.
The purchase and installation of several million dollars worth of machinery including new stripping and plating equipment will allow the Winnipeg operations to become an even larger player in the global business of engine parts repair.