South Korea-Based Hanwha Aerospace Expands Cheshire, Connecticut, Operations
11/10/2023
Hanwha will retrofit part of its existing 294,000-square-feet facility, located on 50 acres at 5 McKee Place, to serve as a hub for global operations for the company’s International Engines Business.
“Our decision to establish the International Engines Business Headquarters in Connecticut underscores Hanwha's unwavering commitment to the U.S. market" said Jae-iI Son, CEO and President of Hanwha Aerospace. "Through this strategic move, we will be able to better serve our key customers, expand our customer base, and solidify our position in the aerospace and defense industries. Furthermore, our expansion in Connecticut demonstrates our strong relationship with the state and our intention to strengthen these ties."
Hanwha Aerospace Co., Ltd., a subsidiary of Hanwha Group, is an aerospace industrial company headquartered in Changwon, South Korea. The International Engine Business supplies a range of components to Pratt & Whitney, including containment cases, integrally bladed rotors, hubs and turbine disks found in PW1100Gs, which power Airbus A320neo-family jets, and PW1500Gs, found on A220s.
“The state is here to be a true partner to Hanwha, and there is no greater testimonial for our aerospace industry than their further investment in Connecticut,” noted Alexandra Daum, Commissioner of the Connecticut Department of Economic and Community Development, “We are committed to ensuring that our state remains one of the top aerospace markets in the United States, and Hanwha’s decision underscores what we know to be true: nothing flies without Connecticut.”
“Hanwha has taken a good look at the aerospace assets we have in Connecticut and realized that we have a collaborative academic community, that we produce world-class engineering talent, and that our state leadership is here to work with them to ensure their success," added John Bourdeaux, President & CEO of AdvanceCT. "Connecticut is one of the largest producers of aerospace components in the world, and there are good reasons for this.”
Project Announcements
Bartlett Group Plans Strathcona County, Alberta, Headquarters-Manufacturing Operations
10/11/2024
Mart Frozen Foods Establishes Rupert, Idah, Production Operations
10/11/2024
Verst Group Logistics Expands Boone County, Kentucky, Operations
10/11/2024
Afton Scientific Expands Albemarle County, Virginia, Manufacturing Operations
10/10/2024
Eli Lilly and Company Expands Lebanon, Indiana, Operations
10/09/2024
Johnson & Johnson Plans Wilson, North Carolina, Pharmaceutical Manufacturing Operations
10/08/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Reaching for the Stars: Space Industry Creating Opportunities Across the Country
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Mitigating Site Risks for Industrial Projects
Q3 2024