Area Development
Mexico-based Premium Aerospace Center will locate its international headquarters at the Oklahoma Air & Space Port complex in Burns Flat, Oklahoma. The $120 million project is expected to create up to 600 jobs over the coming years.

The company will renovate and expand two existing hangars and build a third hangar at the facility, according to state officials. The renovated hangars and new hangar will accommodate 737 and larger aircraft for paint and interior remodeling for airline companies with strategies to further expand its business model.

“We were impressed by Governor Stitt’s enthusiasm and warm invitation to establish our operations in Oklahoma,” said Lucas Conde, PAC General Manager. “The infrastructure investment by the State and the Department of Commerce and the Governor’s ‘can-do’ attitude solidified our decision to make our investment in Oklahoma.”

Premium AEROTEC is a German aerospace manufacturing business, headquartered in Augsburg in Germany. It is a subsidiary of Airbus. The company was created in September 2008 as a spin off from the multinational aerospace group EADS, which subsequently rebranded itself as Airbus Group.

“Seeing this project come to fruition has been a goal of mine since we met with Premium Aerospace in Mexico last fall,” Governor Kevin Stitt noted. “The investments we are making in this site, and several others, will make Oklahoma a prime target for foreign investment and high-quality jobs. This announcement from PAC further solidifies Oklahoma as the aerospace MRO Capital of the World.”

PAC is working with Western Technology Center and local workforce development leaders to develop a skilled technical workforce to support its operations and growth plans.

“We’re delighted to welcome Premium Aerospace Center to Burns Flat,” added Bailey J. Siegfried, Oklahoma Space Industry Authority Chair. “Their decision to invest here shows confidence in our ability to support their needs as part of the state’s growing aerospace sector. Together with our state and local partners, we’re actively pursuing more developments like this one to advance our vision for a major aerospace and spaceport complex in southwest Oklahoma.”