Aerospace Industry Key to CT's Economic Growth
/EDAC Technologies Corp. - one of the state's larges aerospace technology companies - has paid $8.2 million for the former Pratt & Whitney plant in Cheshire, and is planning to relocate nearly 400 workers to the factory next year, from current facilities in Farmington and Newington. The company, which makes aerospace and industrial components, had planned to consolidate operations in Plainville, but changed plan
s when the Cheshire plant became available.
There are 175 aerospace companies in Connecticut, according to data from D&B Sale & Marketing Solutions (2011) as reported in the Connecticut Economic Review, produced by Northeast Utilities. In 2010, the Connecticut Economic Resource Center (CERC) reported that $6.7 billion of Connecticut gross state product was estimated to originate from the state’s aerospace industry – 5 percent of the state’s total productivity. Connecticut’s 10 largest aerospace companies (alphabetically):
- AIS Global Holdings
- Beacon Group
- EDAC Technologies
- Engine Alliance
- First Aviation Services
- Hexcel
- Kaman Aerospace
- Sikorsky
- Unison Engine Components
- United Technologies
Promoting the industry, the Aerospace Components Manufacturers (ACM) association is a network of independent Connecticut-based aerospace companies; a non-profit partnership that is part of Connecticut's Industry Cluster Initiative. Working together as a network, member companies collectively offer broader capabilities than they could as individuals.
ACM helps capture new business opportunities for Connecticut's aerospace industry. ACM member companies aim to be world leaders in providing customers with aerospace components of unsurpassed quality, competitive prices and on-time delivery. A video highlights their work. The organization’s convention/trade show is slated for Wednesday, October 17, 2012 at Bradley International Airport.
