Ferra Engineering, an engineering company that specializes in the custom design, manufacture, assembly and test of aerospace structures and sub-systems, will expand into a new location in Grove, Oklahoma. An Australian company, which also produces medical devices for the healthcare industry, as well as components for renewable energy systems, plans to hire 20 highly-skilled employees.
Ferra supplies leading aerospace companies such as Airbus, BAE, Boeing, EADS, GE Aviation, Thales, Goodrich, Lockheed Martin, Marvin Engineering, Northrop Grumman, Pratt & Whitney, Raytheon, and Rolls-Royce.
From concept to final product, the Oklahoma Department of Commerce said Ferra works closely with its customers, suppliers and specialists to continuously reduce the total cost of ownership to the end user. The firm houses one of the most advanced five axis high-speed machining facilities. This capability combined with extensive R&D and supported by high-level design and assembly expertise makes it the predominant partner to the Aerospace OEM's for mechanical aerospace and defense sub-assemblies in the Australasian region.
“Ferra chose to expand to Oklahoma because its central location enables us to easily provide service to our customer base on both coasts and international markets,” said Mark Sherrer, CEO of Ferra Engineering. “Oklahoma’s competitive cost structure, business friendly environment and strong existing aerospace supply chain made it a natural choice.”
“Oklahoma is one of the premiere destinations for aerospace business in the entire world. With the experience, expertise and infrastructure in place, we see the potential for even greater growth,” said Governor Mary Fallin. “I want to extend my congratulations to Ferra Engineering. We are excited about their plans to invest in our state. This announcement is a testament to the great business climate in our state that makes Oklahoma the go-to destination for great companies like Ferra Engineering.”