Thu, May 22, 2014
Domestic And International Projects Aimed At Higher Engine Production
Pratt & Whitney is making significant investments in its global facilities as the company prepares for an increase in commercial and military engine production to levels.
"This is a very exciting time for Pratt & Whitney," said Danny Di Perna, senior vice president of Engineering & Operations. "Over the next few years we will significantly increase our engine production. While these investments will transform our global operations, more importantly, they will ensure we are prepared to deliver this increase in volume to our customers with the world-class quality they have come to expect."
These investments are part of a five-year capital expenditure plan from 2013-2017 focusing on technology improvements and facility expansions. The investments include:
- A more than $400 million investment to expand the company's East Hartford and Middletown, CT facilities.
- A $63 million project to expand for the company's West Palm Beach, FL facility, which is slated for a June grand opening.
- A $140 million expansion at the company's Advanced Coating Technology facility in Wallkill, NY.
- A $110 million investment in Singapore to build a new 180,000-square-foot manufacturing facility, slated to open later this year, and new repair and engineering facility that opened in December 2013.
"Pratt & Whitney's manufacturing strategy is based on balancing capability, capacity, flexibility and affordability to offer our customers as much value as possible," Di Perna said. "Our next generation engine programs give Pratt & Whitney the opportunity to increase assembly and machining capacity globally, invest in smart technologies, introduce new capabilities and improve efficiency in our factories to be leaner."
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