Daher today celebrated its acquisition of the now-former Triumph metallic and composite aerostructures assembly facility in Stuart, Florida. The move marks a major expansion of Daher’s U.S. industrial presence and reinforces the company’s position as a Tier 1 aerospace supplier. Daher is retaining all 400 employees and management at the Florida division.
“With the Stuart facility, Daher has reached a critical size that is essential in the aerostructures business, while also marking an important expansion of our overall industrial footprint in North America,” said Daher CEO Didier Kayat. “This represents a crucial element in Daher’s long-term strategic plan, and further strengthens our ability to meet supply chain demands as the aviation sector continues its rebound.”
At a media event today in Stuart, Kayat said the facility will be key to doubling the company’s U.S. revenues to about $1 billion annually, matching that of its European operations. Because the Stuart facility manufactures large aerostructures for the Boeing 767 and 777, the move also helps to balance Daher’s work between Boeing and Airbus. In addition, the acquisition brings more Gulfstream work to Daher, adding G650 flap manufacturing at the Florida plant to its existing G700 winglet work in Europe.
Daher’s established North and South American activities include the production of Kodiak turboprops in Sandpoint, Idaho; a TBM services site in Pompano Beach, Florida; a logistics operation that supports Airbus’s commercial aircraft assembly lines in Mobile, Alabama; logistics and assembly activities in Canada; composite parts manufacturing in Nogales, Mexico; and an aerostructures logistics and services facility in Querétaro, Mexico that supplies Airbus.