Woodward Celebrates Completion of Aerospace Maintenance, Repair and Overhaul (MRO) Facility Transformation in Loves Park, Illinois
Woodward Inc. (NASDAQ: WWD) celebrated the completion of its $55 million aerospace Maintenance, Repair and Overhaul (MRO) facility transformation in Loves Park, Illinois. The state-of-the-art facility aims to meet growing demand for aircraft fleet fuel controls aftermarket services. Key highlights include:
- 165,000-square-foot modern space for manufacturing, assembly, testing, and aftermarket services
- Advanced features like Rapid Advanced Machining, automated equipment, and new digital technologies
- Potential addition of 100 new jobs over the next 5-7 years
- Reduced turnaround time and compliance with OEM, airline, and FAA regulations
- Focus on operational excellence, safety, quality, and sustainability
The investment positions Woodward to capitalize on increasing air traffic, legacy aircraft usage, and the introduction of new engines with more Woodward content.
Woodward Inc. (NASDAQ: WWD) ha celebrato il completamento della trasformazione del suo impianto di Manutenzione, Riparazione e Revisione (MRO) nel settore aerospaziale, del valore di 55 milioni di dollari, a Loves Park, Illinois. La struttura all'avanguardia si propone di soddisfare la crescente domanda di servizi aftermarket per i controlli del carburante delle flotte aeree. Tra i punti salienti vi sono:
- Spazio moderno di 165.000 piedi quadrati per produzione, assemblaggio, collaudo e servizi aftermarket
- Caratteristiche avanzate come la Lavorazione Avanzata Rapida, attrezzature automatizzate e nuove tecnologie digitali
- Aggiunta potenziale di 100 nuovi posti di lavoro nei prossimi 5-7 anni
- Riduzione dei tempi di consegna e conformità alle normative OEM, delle compagnie aeree e della FAA
- Focus sull'eccellenza operativa, la sicurezza, la qualità e la sostenibilità
L'investimento posiziona Woodward per capitalizzare l'aumento del traffico aereo, l'uso di aerei legacy e l'introduzione di nuovi motori con un contenuto maggiore di Woodward.
Woodward Inc. (NASDAQ: WWD) celebró la finalización de la transformación de su instalación de Mantenimiento, Reparación y Revisión (MRO) en el ámbito aeroespacial, valorada en 55 millones de dólares, en Loves Park, Illinois. Esta instalación de última generación tiene como objetivo satisfacer la creciente demanda de servicios posventa para los controles de combustible de flotas de aeronaves. Los aspectos más destacados incluyen:
- Espacio moderno de 165,000 pies cuadrados para fabricación, ensamblaje, pruebas y servicios posventa
- Características avanzadas como Mecanizado Avanzado Rápido, equipos automatizados y nuevas tecnologías digitales
- Adición potencial de 100 nuevos empleos en los próximos 5-7 años
- Reducción del tiempo de respuesta y cumplimiento con regulaciones de OEM, aerolíneas y FAA
- Enfoque en la excelencia operativa, seguridad, calidad y sostenibilidad
La inversión posiciona a Woodward para capitalizar el aumento del tráfico aéreo, el uso de aeronaves antiguas y la introducción de nuevos motores con más contenido de Woodward.
우드워드 인크 (NASDAQ: WWD)는 일리노이주 러브스 파크에 있는 5,500만 달러 규모의 항공 우주 유지보수, 수리 및 개조(MRO) 시설 변화를 완료한 것을 축하했습니다. 이 최첨단 시설은 항공기 연료 제어 애프터마켓 서비스에 대한 증가하는 수요를 충족하는 것을 목표로 하고 있습니다. 주요 하이라이트는 다음과 같습니다:
- 제조, 조립, 테스트 및 애프터마켓 서비스용 165,000평방피트의 현대적 공간
- 급속 고급 가공, 자동화 장비 및 새로운 디지털 기술과 같은 고급 기능
- 향후 5-7년 동안 100개의 신규 일자리 추가 가능성
- 회전 시간 단축 및 OEM, 항공사 및 FAA 규정 준수
- 운영 우수성, 안전, 품질 및 지속 가능성에 대한 집중
이 투자는 우드워드가 증가하는 항공 교통, 구형 항공기의 사용 및 더 많은 우드워드 콘텐츠가 포함된 새로운 엔진 도입을 활용할 수 있도록 합니다.
Woodward Inc. (NASDAQ: WWD) a célébré l'achèvement de la transformation de son installation de Maintenance, Réparation et Révision (MRO) aérospatiale d'une valeur de 55 millions de dollars à Loves Park, Illinois. Cette installation ultramoderne vise à répondre à la demande croissante de services après-vente pour les contrôles de carburant des flottes d'avions. Les points forts incluent :
- Un espace moderne de 165 000 pieds carrés pour la fabrication, l'assemblage, les tests et les services après-vente
- Des caractéristiques avancées telles que l'Usinage Avancé Rapide, des équipements automatisés et de nouvelles technologies numériques
- Une addition potentielle de 100 nouveaux emplois au cours des 5 à 7 prochaines années
- Diminution des délais de traitement et conformité aux réglementations OEM, compagnies aériennes et FAA
- Mise l'accent sur l'excellence opérationnelle, la sécurité, la qualité et la durabilité
Cet investissement positionne Woodward pour tirer parti de l'augmentation du trafic aérien, de l'utilisation des avions hérités et de l'introduction de nouveaux moteurs avec davantage de contenu Woodward.
Woodward Inc. (NASDAQ: WWD) feierte den Abschluss der Transformation seiner 55 Millionen Dollar teuren Wartungs-, Reparatur- und Überholungseinrichtung (MRO) im aerospace Bereich in Loves Park, Illinois. Die hochmoderne Einrichtung zielt darauf ab, die wachsende Nachfrage nach Aftermarket-Services für Luftfahrzeugflotten-Kraftstoffkontrollen zu bedienen. Zu den wichtigsten Highlights zählen:
- Moderne Fläche von 165.000 Quadratfuß für Herstellung, Montage, Test und Aftermarket-Services
- Fortschrittliche Merkmale wie Schnelles Fortgeschrittenes Fräsen, automatisierte Geräte und neue digitale Technologien
- Potenzielle Schaffung von 100 neuen Arbeitsplätzen in den nächsten 5-7 Jahren
- Reduzierte Durchlaufzeit und Einhaltung der OEM-, Airline- und FAA-Vorschriften
- Fokus auf operative Exzellenz, Sicherheit, Qualität und Nachhaltigkeit
Die Investition positioniert Woodward, um vom steigenden Luftverkehr, der Nutzung älterer Flugzeuge und der Einführung neuer Motoren mit mehr Woodward-Inhalten zu profitieren.
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ROCKFORD, Ill., Sept. 18, 2024 (GLOBE NEWSWIRE) -- This week, Woodward, Inc. (NASDAQ: WWD), a global leader in energy control solutions for aerospace and industrial markets, celebrated the completion of its aerospace Maintenance, Repair and Overhaul (MRO) facility in Loves Park, Illinois. Customers and state and local officials, including State Rep. Joe Sosnowski, Loves Park Mayor Greg Jury and Winnebago County Board Chairman Joseph Chiarelli, joined Woodward leaders and members to commemorate completion of the
The Loves Park site, which currently employs about 1,100 members, could add up to 100 new jobs over the next five to seven years. The campus covers more than 165,000-square-feet of modern space for manufacturing, assembly, testing and aftermarket services. Updates include features such as Rapid Advanced Machining, automated equipment, world-class test stands, and new digital technologies.
“The transformation of our Loves Park MRO facility is an impressive accomplishment for our team,” said Terry Voskuil, President of Woodward’s Aerospace segment. “The investment will enable our site to meet continued growth in demand from aircraft equipment makers as air traffic increases, legacy aircraft log more hours, and current engines, which have more Woodward content than older aircraft, enter service. It’s a very exciting time for us as we fulfill our purpose, provide a great place to work, and meet the evolving demands of the aerospace industry.”
The updates will reduce turnaround time and meet the rigorous requirements of aircraft engine OEMs, airlines and FAA regulations. They also reflect the company’s focus on operational excellence, including safety, quality, delivery and reliability, and incorporate sustainable and ergonomic upgrades.
Woodward has strong partnerships in the Rockford community, including collaboration on technical education programs at Rock Valley Community College, sponsorship of local economic development initiatives, and volunteer and donation support for local nonprofits, such as annual United Way campaigns and local education and wellness programs. Terry Voskuil serves as Chair of the Board for the Greater Rockford Chamber of Commerce.
About Woodward, Inc.
Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com.
Media Contact:
Jennifer Regina
970-559-8840
jennifer.regina@woodward.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/622ec616-d4d7-4bac-bdbf-2d0e19c244c9
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