Yerbic said he believes ATS’s engineering revenues will double in the next few years as customers look for more customized programs that save money and increase useful lives.
Bigger picture, such diversity will help ATS weather the next inevitable dip in MRO demand.
“This business becomes more sensible when you can mix in other types of work,” Yerbic said at MRO Americas.
Today’s announcement seems to be a significant step down the road toward further growth and program development.
“We plan to grow, diversify our service and product offerings, create more jobs and drive the growth of the aerospace industry in Washington State and beyond,” Yerbic said in a statement accompanying the announcement.
VIP interiors Greenpoint and ATS have worked together since 1998. “Investing in ATS and its facilities guarantees our joint success to deliver quality, on-time completions,” says Jon Buccola, Greenpoint chairman and founder.