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Monday, December 23, 2024

WINSTON-SALEM CHAMBER OF COMMERCE: North State Aviation Aquired by MRO Holdings

Mro

Winston-Salem Chamber of Commerce issued the following announcement.

MRO Holdings (MROH) announced today the completion of its acquisition of North State Aviation (NSA), an aircraft heavy maintenance facility in Winston-Salem, North Carolina.

North State Aviation offers heavy maintenance and modification services on narrowbody aircraft in a six-bay facility. MROH first announced it had executed a letter of intent to purchase NSA in April 2019.

Greg Colgan, MROH CEO, stated, “We are pleased to finalize this partnership and now begin the important process of harmonizing and integrating our operations. We are impressed with the growth that has taken place at NSA since April and look forward to helping the team there continue building upon that success.”

“We are proud to be part of the MRO Holdings family,” said Charles Creech, NSA President. “The NSA employees are excited for the growth that we’re already experiencing as a result of this relationship.”

With the acquisition of NSA, MROH will add additional capacity to its leading position in the Americas with over 75 active lines of heavy maintenance and modification.

North State Aviation (NSA) is a global aviation services provider offering best-in-class airframe maintenance and modification capabilities, serving some of the world’s most successful airlines. NSA is located at Smith Reynolds Airport in Winston Salem, North Carolina and includes one hangar with six bays that encompasses over 100,000 square feet of production area. It is also equipped with over 140,000 square feet of warehouse space, 60,000 square feet of shop space and plenty of onsite ramp space.

MRO Holdings, Inc. (MROH) is a world-class aircraft maintenance and modification provider with a focus on long term solutions for the aviation industry. The company provides over 8 million man-hours of aircraft maintenance and modification for many of the largest and most respected air carriers in the industry, making them the largest provider in the Americas and third largest in the world. The company currently operates four airframe heavy maintenance and modification facilities: Aeroman in El Salvador, Flightstar in Jacksonville, Florida, TechOpsMX in Queretaro, Mexico and North State in Winston Salem, North Carolina.

Original source can be found here.

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