Thoroughbred Aviation Maintenance Opens Lexington, Kentucky, Headquarters
TAM maintains and services all inbound and departing commercial flights in Lexington, currently employing 18 people. Company leaders expect the new operation to add 10 positions over the next 12 months, with target employment of 65 full-time staff members within three years.
“Thoroughbred is excited about our consolidation and expansion at Blue Grass Airport,” said Joe Otte, vice president of TAM. “We are grateful for our partnership with Blue Grass Airport and Commerce Lexington, and the positive business environment they foster. We believe the greater amenities, business diversification and access to commercial flights will enhance our customers’ experience and help our business expand.”
The company’s new headquarters at the Blue Grass Airport is in addition to locations in Richmond and the Big Sandy Regional Airport in Martin County, which opened in 2017. TAM also maintains a facility at the Huntington Tri-State Airport in West Virginia and on-call facilities in Danville and Somerset.
“Thoroughbred Aviation Maintenance is a perfect example of how companies of all types can grow in the commonwealth,” Governor Andy Beshear said. “This company has operated in our state for more than 30 years and continues to grow and create quality job opportunities for our residents. I want to congratulate TAM on this new operation and thank its leaders for their continued commitment to Kentucky and our skilled workforce across multiple communities.”
TAM provides avionics installation, repair and inspections, aircraft painting, interiors, airframe repair and other services for government aircraft and law enforcement agencies, as well as corporate and privately owned aircraft. In 2017, TAM secured two five-year contracts with the U.S. Department of Agriculture to upgrade and maintain two Airbus H120 utility helicopters, along with contracts with numerous other federal, state and local government agencies in Kentucky and surrounding states.
“We are so excited to see the growth of Thoroughbred Aviation Maintenance right here in Central Kentucky,” said Bob Quick, president and CEO of Commerce Lexington Inc. “We appreciate their commitment to Lexington and the surrounding region, as they consolidate operations at Blue Grass Airport to create a variety of well-paying jobs. We enjoyed working with the Thoroughbred Aviation Maintenance team on this expansion project and look forward to more great things in the future.”
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
In Focus: “Golden Age” of Spec Development
In Focus: Demand for Industrial Land Surges
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Using Robust Project Controls to Enhance Project Management
Explosive Growth of Life Sciences Sector Comes with Challenges