Vector Aerospace acquires PWC’s Australian Overhaul Facility
Vector Aerospace recently acquired Pratt & Whitney Canada’s A’Asia wholly owned subsidiary in Brisbane, Australia. According to Brian Thompson, Vector’s senior vice president commercial, “Vector is buying the 30,000-sq-ft facility and all its assets. It will officially be a P&WC PT6 designated overhaul facility and will hold FAA, EASA and Australian CASA approvals.” P&WC will retain the name A’Asia, so the facility will be rebranded as Vector Aerospace. Thompson said it is the company’s first infrastructure-based investment in the Australian/Asian market. “We view our growth in the region as extremely important,” he said. The MRO facility’s 45 employees will all be retained to support the existing customer base. “We have our own customers in the region whom we’ve served when possible with mobile service teams. Unfortunately, overhaul work had to be sent to our facility in Canada. This acquisition will greatly enhance our ability to serve our existing customers in the region. Expanding into Australia is another milestone in achieving strategic growth and enhancing business opportunities for Vector within targeted international markets,” he said.