Development will support over 80 major jet engine overhauls per year
FORT LAUDERDALE, Fla. - Wednesday, September 14th 2016 [ME NewsWire]
(BUSINESS WIRE)-- CTS Engines, the global independent leader for mature jet engine maintenance, announced today that it had signed an LOI to acquire property contiguous to its existing engine service center, allowing CTS to increase its engine overhaul throughput by over 40%. The new building, located just north of the current facility, will house the company’s near-term inventory and shipping, allowing for an additional five engine overhaul bays to be built in the company’s existing shop floor space.
“It is no secret that CTS has experienced rapid growth over the past five years, thanks to our great team, exceptional build quality, and strong customer commitment,” said Brian Neff, CTS’s Chief Executive Officer. “Our expansion into the new building is the natural evolution of this growth, which will continue through the coming years as we add more engine lines and win additional business on existing platforms.”
The expansion is expected to be completed by the end of the first quarter of 2017. Combined with the company’s engine test operation in nearby Jupiter, Florida, the expanded facility will have 19 wide-body engine service bays with which to support its customer base.
Based in Ft. Lauderdale, CTS Engines is the worldwide leader in mature engine maintenance, performing engine overhauls on the CF6-50, CF6-80A, CF6-80C, and PW2000 engine models at its Ft. Lauderdale and Jupiter MRO facilities. CTS was also named the 2015 Boeing “Supplier of the Year” in the Support & Services category for its CF6-50 engine overhaul support of the U.S Air Force. For more information, please visit www.ctsengines.com.
Contacts
CTS Engines
Alejandra Meza, 954-889-0640
Permalink: http://me-newswire.net/news/18641/en
FORT LAUDERDALE, Fla. - Wednesday, September 14th 2016 [ME NewsWire]
(BUSINESS WIRE)-- CTS Engines, the global independent leader for mature jet engine maintenance, announced today that it had signed an LOI to acquire property contiguous to its existing engine service center, allowing CTS to increase its engine overhaul throughput by over 40%. The new building, located just north of the current facility, will house the company’s near-term inventory and shipping, allowing for an additional five engine overhaul bays to be built in the company’s existing shop floor space.
“It is no secret that CTS has experienced rapid growth over the past five years, thanks to our great team, exceptional build quality, and strong customer commitment,” said Brian Neff, CTS’s Chief Executive Officer. “Our expansion into the new building is the natural evolution of this growth, which will continue through the coming years as we add more engine lines and win additional business on existing platforms.”
The expansion is expected to be completed by the end of the first quarter of 2017. Combined with the company’s engine test operation in nearby Jupiter, Florida, the expanded facility will have 19 wide-body engine service bays with which to support its customer base.
Based in Ft. Lauderdale, CTS Engines is the worldwide leader in mature engine maintenance, performing engine overhauls on the CF6-50, CF6-80A, CF6-80C, and PW2000 engine models at its Ft. Lauderdale and Jupiter MRO facilities. CTS was also named the 2015 Boeing “Supplier of the Year” in the Support & Services category for its CF6-50 engine overhaul support of the U.S Air Force. For more information, please visit www.ctsengines.com.
Contacts
CTS Engines
Alejandra Meza, 954-889-0640
Permalink: http://me-newswire.net/news/18641/en