News

A long-term strategy to focus on the manufacture and repair of highly-engineered aero- engine components is helping MB Aerospace benefit from the global aviation market upswing, according to Chief Executive Officer Craig Gallagher.

International aerospace group MB Aerospace has today (18 April 2022) announced the sale of its interests in MB Aerospace Sterling Heights Inc to an affiliate of American Industrial Acquisition Corporation (AIAC).

A long-term, strategic vision to diversify further in defence markets is helping MB Aerospace to emerge from the global aviation downturn a leaner, more flexible business focussed on operational excellence, according to Chief Executive Officer Craig Gallagher.

ACTS, one of Asia’s most successful aero engine part repair facilities, is celebrating a quarter-century of growth and rebranding as MB Aerospace Taoyuan.Founded in 1995 as a joint venture by Pratt & Whitney, China Airlines and Singapore Airlines Engineering Company, ACTS was acquired by MB Aerospace in January 2018 and underwent a major expansion last year, doubling its footprint across two state-of-the-art facilities close to the logistics hub of Taipei Taoyuan International Airport.

MB Aerospace has officially opened a second facility in Taoyuan, Taiwan.