Company Expansion - Barnes Aerospace has announced the addition of a new component repair facility in Singapore, increasing its repair capacity by approximately 50% to meet customer needs in the region [1][2] - The new facility is strategically located in JTC's Seletar Aerospace Park, enhancing Barnes Aerospace's manufacturing and maintenance, repair, and overhaul (MRO) capabilities [2][3] - The expansion is supported by a technology investment program aimed at overhauling and repairing complex high-value fabricated engine cases [1][2] Industry Impact - The expansion reinforces Singapore's position as a leading MRO hub in the Asia-Pacific region, contributing to the growth of the aerospace ecosystem [3][4] - The aerospace industry in Singapore is experiencing strong growth, driven by the recovery in air travel and increased operations by companies in the region [4][5] - Barnes Aerospace's presence in Singapore is expected to foster collaboration among Original Equipment Manufacturers (OEMs) and support the long-term vision for the Asia-Pacific aerospace market [5] Strategic Partnerships - Barnes Aerospace has signed a Memorandum of Understanding (MOU) with the Singapore Economic Development Board (EDB) to facilitate its expansion efforts [3] - The EDB is committed to partnering with aerospace companies to create job opportunities and support their growth plans in Singapore [4][7]
Barnes Aerospace Unveils New Facility in Singapore to Increase Engine Component Repair Capacity