Bangkok, Thailand, February 17, 2017 –TurbineAero, Inc. was selected as an exemplary investment and feature company at this week’s Thailand Board of Investment’s (BOI) annual conference “Opportunity Thailand 2017.” Highlighted by a keynote speech entitled “Thailand 4.0 Means Opportunity Thailand,” from General Prayut Chan-o-cha, the Prime Minister of Thailand, the conference welcomed over 2,500 international guests and served to educate distinguished attendees on investment opportunities in Thailand, and to share with the global community the Thailand 4.0 model driven by Thailand’s value-based economy. TurbineAero was highlighted as a global leader in APU MRO services, as well as an aerospace leader in Thailand.
TurbineAero CEO, Rob Higby, delivered a speech entitled, “Thailand as an MRO Hub” which highlighted several of the initiatives the Prime Minister and BOI have led to make it more attractive for international companies to invest in Thailand. TurbineAero was recently created by the acquisition of three business units within the Triumph Group that are based both in the United States and Thailand. The Gores Group, a global private equity firm based in the U.S., led the investment and acquisition process and worked closely with the BOI and Thailand government to ensure TurbineAero’s Thailand facility and business unit was properly and efficiently structured as a Thailand registered entity.
“We’re honored to be asked to speak at the Opportunity Thailand 2017 conference on behalf of TurbineAero and the Gores Group,” said Rob Higby. “The Gores Group’s purchase of Triumph’s APU businesses including the Thailand facility really taps into what Thailand 4.0 is all about. Thailand is an ideal hub for our Asia and Eastern European business and the BOI has ensured us the right infrastructure and incentives to enable us to hit the ground running.”
About TurbineAero, Inc.
TurbineAero is the world’s leading independent aerospace component maintenance, repair, and overhaul service providers focused on APUs and related products. The businesses provide military, commercial, and regional airline customers with a comprehensive maintenance solution for their legacy and new APU engine models. The combined entity provides global coverage from two modern facilities located in Chandler, Arizona, and Chonburi, Thailand. In addition, it is a provider of hot-section component manufacturing and repair services for original equipment manufacturers, aircraft operators, and repair and overhaul providers, offering extensive and unique capabilities, including complex machining, engineering, inspection, non-destructive testing, and thermal coatings in its Tempe, Arizona facility.
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