Tuesday, June 26, 2012

Winston-Salem's B/E Aerospace to Acquire Aviation Company

B/E Aerospace, the world’s leading manufacturer of aircraft cabin interior products and the world’s leading distributor of aerospace fasteners and consumables has signed an agreement to acquire Germany-based Interturbine Aviation Logistics GmbH and its related companies.

While B/E Aerospace is headquartered in Wellington, Fla., the company is run operationally from its Fairchild Road campus in Winston-Salem. B/E Aerospace employs nearly 1,100 full-time local workers. The company has experienced record growth and has signed a lease for a 90,000-square-foot office building in Winston-Salem.

Revenues reached $2.5 billion last year and the company this year announced an $800 million deal with the Boeing Co. to provide lavatory systems for the 737 Next-Generation airplane as well as the 737 MAX jet. B/E Aerospace saw its commercial aircraft segment grow 30 percent thanks largely to the company’s seating business. Read more.


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