S&L Aerospace Metals, a premier hydraulic aircraft manufacturing company expanded its manufacturing campus based in College Point, Queens, New York.
The company currently assembles metal parts and landing gear and hydraulic assemblies for U.S. Armed Forces and commercial aerospace companies. Their clientele includes the United States Government, Boeing, Raytheon, Helicopter Support, Sikorsky Aircraft, BF Goodrich, Airbus, and others.
The City and New York City Economic Development Corporation sold two lots to S&L so it could expand its business, which is adjacent to the lots. The acquisition enables S&L, which currently has 84 full-time workers, to create approximately twenty new advanced manufacturing jobs for local residents.
“S&L Aerospace was founded in New York City in 1947, and it’s our goal to make sure it continues to grow in New York City. We’re proud of our unparalleled reputation and expanding our facility will allow us to keep being one of America’s most reliable aerospace manufacturers,” said S&L Aerospace Metals President Jerry Wang and Executive Vice President Ted Varvatsas.
The first phase of construction, the renovation of an existing building, which is adjacent to S&L’s existing facility, is complete. The second phase, the construction of a new building, is anticipated to begin shortly and be completed within a year. The completion of both phases is expected to deliver approximately 34,000 square feet of new manufacturing space.
According to city officials, S&L has provided good-paying jobs for College Point residents for over a decade; a significant majority of the company’s employees are foreign born, do not have advanced degrees, and live within a ten-mile radius.
“This is the definition of advanced manufacturing: precision parts for Black Hawk helicopters and commercial aviation, made by hands and machines right here in Queens," said Deputy Mayor Alicia Glen. This sector has a bright future in New York City, and we’re investing so that home-grown firms like S&L Aerospace Metals can keep adding good-paying jobs.”
“New York City’s industrial and manufacturing sectors are critical to a successful economy and provide thousands of jobs for New Yorkers throughout the five boroughs,” said NYCEDC President & CEO James Patchett.
“S&L Aerospace Metals’ revitalization and expansion is an example of how a New York City born and bred industrial company can survive and adapt to our ever-changing economic climate. By working with businesses like S&L Aerospace Metals, we’re making sure that our homegrown companies are not only staying here, but are also thriving here,” he added.
“S&L Aerospace Metals is a great company that has provided steady, good-paying jobs for my constituents in College Point for years. Their expansion and creation of twenty new jobs is a welcome addition to this community,” said Council Member Paul Vallone.