Aircraft Recycling Company Will Invest Nearly $100 Million at the N.C. Global TransPark Creating 475 Jobs

    160

    Summary

    Aircraft Solutions USA Inc., a leader in managing aircraft at the end of their service life, will establish a new subsidiary at North Carolina’s Global TransPark to recycle aircraft parts and materials.

    Press Release

    Amazon Music Disney Promo

    Miami FL:

    “More good jobs and investment are coming to the Global TranPark,” said Governor Cooper. “From the west to the east, North Carolina’s aviation and aerospace sector is thriving as companies continue to find the skilled workers and training programs they need to compete in this global industry.”

    Aircraft Solutions serves commercial and military clients with aircraft that have reached their end of life stage and are ready for decommissioning. Despite an aircraft’s age, older airframes often contain many valuable parts and materials that can be recycled. Useful parts may include engines, undercarriage equipment, avionics, and in-flight entertainment systems. In phase one of the project, Aircraft Solutions’ new recycling center will systematically remove, catalog, and inspect parts, certifying them as either usable, repairable, or unfit for service. The company plans to establish a paint shop in phase two of the project.

    “After an intensive research and great support from various sites, such as the ElectriCities Business Relocation Program and excellent communications with each of the involved public departments, we are confident that Global TransPark of Lenoir North Carolina is the right location for our tremendous project,” said Dr. Sven Daniel Koechler, General Manager of Aircraft Solutions USA Inc. “With our environmentally friendly and sustainable processes, we offer a real alternative to conventional boneyards and are proud to be able to build an architectural highlight in North Carolina with one of the largest hangars in the world. With our unique hanger system and our self-developed most effective new recycling technology, we are able to recycle up to 70 more Boeing 737 a year and will invest not only in the construction and modern equipment, but also in qualified workers and their families.”

    Aircraft Solutions’ project in North Carolina will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee earlier today. Over the course of the 12-year term of the grant, the project will add nearly $958 million to North Carolina’s economy. Using a formula that takes into account the new tax revenues generated by the new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $4,782,000, spread over 12 years. State payments only occur following performance verification by the departments of Commerce and Revenue that the company has met its incremental job creation and investment targets. JDIG projects result in positive net tax revenue to the state treasury, even after taking into consideration the grant’s reimbursement payments to a given company.

    Press Contact

    Aircraft Solutions USA Inc
    13727 SW 152 Street #673
    Miami, FL 33177
    United States of America
    Phone:+1-202-6008710
    Fax: +1-202-6008750
    www.aircraft-recycling.com
    [email protected]