HAECO Cabin Solutions Plans $11.3 Million Expansion In High Point, North Carolina
HAECO Cabin Solutions, formerly known as TIMCO Aerosystems, LLC, provides interior design engineering, certification and project integration for aircraft fleets and manufactures a variety of components for aircraft interiors, including its line of Vector passenger seats and FeatherWeight galleys and lavatories.
Kevin Carter, CEO for HAECO Americas, said, “We are experiencing significant growth in our aircraft interiors business, and the time is right for us to move ahead with this expansion.” He added, “The decision to expand in North Carolina was easy for us with its magnificent pool of employee talent and strong state and local partnerships.”
The project is being made possible in part by a performance-based grant from the One North Carolina Fund of up to $294,000. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. One NC grants also require and are contingent upon financial matches from local governments.
In addition to N.C. Commerce and the Economic Development Partnership of N.C., other partners that helped with this project include the North Carolina Community College System, NCWorks, Duke Energy, High Point Economic Development Corporation, the City of High Point and Guilford County.
“Nothing compares to the talent, training and specialized resources aviation and aerospace companies find in North Carolina,” said Governor Pat McCrory. “This world-class company selected our state because we offer the right ingredients for their business to achieve more.”
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