Timken
today announced that it is continuing to expand its strategic position in the aerospace aftermarket by acquiring the assets of
Turbo Engines, a provider of aircraft engine overhaul and repair services. Terms of the acquisition were not disclosed.
Timken plans to continue the former Turbo Engines operations under existing management at the company's location in
A recipient of the "Certificate of Excellence" Gold Award for 2005 from the Federal Aviation Administration (FAA), Turbo Engines has earned a strong industry reputation for repair, overhaul and support services for a wide variety of aircraft engines, components and helicopter transmissions.
Among the engine platforms supported are the Pratt & Whitney PT6 and Twin Pac series, Honeywell T53 series engines, as well as
power transmission and drive train components and Goodrich fuel controls. Services include complete engine overhaul and accessory and part reconditioning, in addition to exchange programs and field support. Its customers include commercial and military fleet operators, offshore drilling transport and emergency services.
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I´d have to say - ´help´ - in the longer term. It is well recognised that productivity in the UK lags well behind our major industrial competitors and...