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Director, Operations
3 months ago
Description:
The US APU MRO business is a key element of growth within TurbineAero's expanding business focused on APU MRO & related services. TurbineAero Repair is referred to as TAR, within the TurbineAero family. TAR is expected to demonstrate a compound annual growth rate of 15% from 2024-2027 driven by several elements:
1) Increasing share of Cargo carriers and the significant growth of their utilization
3) Significantly expand US and South American airline APU MRO volume as long term contracts expire with current OEM service providers
**OVERVIEW**:
TurbineAero is the world’s leading independent aerospace component maintenance, repair, and overhaul service provider focused on APUs and related products. The business provides military, commercial, and regional airline customers with a comprehensive maintenance solution for their legacy and new APU engine models. Founded in 1977, TurbineAero was previously called Tiernay Manufacturing. The company was sold to Triumph Group in 1993 and was later acquired by The Gores Group, a private equity group founded by Alec Gores, in 2017. The company’s name was changed to TurbineAero.
TurbineAero currently generates approximately $100M+ in annual revenue, employs 200+ people, and has over 250,000 square feet of global production space providing ample capacity for significant growth. The company is profitable and experiencing growth substantially above market. The company provides global coverage from four core facilities located in Arizona and Thailand:
- TAR Facility, TurbineAero Repair (Chandler, Arizona) -. Provides maintenance, repair, and overhaul (MRO) for auxiliary power units (APU). A small percentage of business supports line-replaceable units (LRU) as well. Also possesses some part repair capabilities and is rapidly expanding in an 85,000 sq. ft. facility.
- TET Facility, TurbineAero Engines Technics (Tempe, Arizona) - Provides rotating & hot section component repairs requiring super alloy machining and specialty processes such as brazing, electron beam welding and electron discharge machining (EDM) supporting TurbineAero’s APU MRO facilities in Chandler and Thailand as well as the global APU & turbine engine MRO and production market, operating in a 65,000 sq. ft. production facility.
- TEC Facility, TurbineAero Engines Coatings (Chandler, Arizona) - Provides state of the art thermal barrier and platinum aluminide coatings to the aero and industrial gas turbine industry in a dedicated 35,000 sq. ft. plant. The facility also specializes in key supporting processes such as heat-treating and fluoride ion cleaning.
- Chonburi Thailand, TurbineAero Thailand (Chonburi, Thailand) - Provides maintenance, repair, and overhaul (MRO) for auxiliary power units (APU). A small percentage of business is done with line-replaceable units (LRU) as well. Also possesses recently acquired APU parts repair capabilities and is rapidly expanding into a newly constructed 90,000 sq. ft. building.
The company repairs and overhauls APU’s and related LRU’s utilized on the following platforms: Airbus (A320, A319, A321), McDonnell Douglas (DC-10, MD-80, KC-10), and Boeing (B737, B777, B757, B767 and B747). Component repair customers include US Military, StandardAero, Chromalloy, Honeywell, Delta TechOps, Pratt & Whitney, and Rolls-Royce. Coatings customers include many of the leading aero engine OEM’s as well as leading industrial gas turbine OEM’s and repair businesses. Airline customers include cargo carriers such as UPS and FedEx, foreign airlines such as China Eastern and China Airlines. Overall TurbineAero services a market of over 10,000 APUs and 200,000 accessories.
There is a push to continue annual revenue and EBITDA growth, primarily focused on growth with APUs, LRUs, and trading and leasing APUs. Company growth is attributed to several elements:
1) Share gain in cargo, air transport and defense markets supported by increased customer expectations for higher levels of ‘value” in their APU and related maintenance
1) Expansion of the Thailand operations to secure revenue in the fast growing air transport market in that region.
2) Growth of parts repair business through the company’s core competency and a recent acquisition in Thailand.
3) Continued expansion of the part repair business competencies into the directly adjacent aero-engine parts business
**PERFORMANCE OUTCOMES**:
To achieve the mission for this position, the **Director, Operations **must produce the following critical actions and results:
1. **Operational Excellence**: The **Director, Operations **will lead a lean culture to drive consistent operational performance including:
a. Delivery performance exceeding 95% on time to customer commit
b. Consistent process excellence to ensure defect escapes are below 1500 PPM
c. Continual improvement in TAT (Turn Around Time) and labor cost reduction to yield double digit productivity improvement
d. Development and execution of a proactive hir
