Story ID: AN2040214mx
ARC Aerospace Industries Acquires Maxair Ventures
By: David A. Lombardo
Caption: Acquisition adds logistical support and marketing expertise.
Word Count: 75
Part parent company ARC Aerospace Industries recently acquired a majority interest in Maxair Ventures of Tucson, Ariz. Under the terms of the acquisition agreement, Maxair Ventures will be providing Part with logistical support, along with the remarketing of ARC’s surplus parts inventories. Currently ARC owns parts inventories from Boeing 767s, 757s, 747s and 737s already torn down. This month ARC purchased a Boeing 737-400 and a 767-200 for teardown and parts distribution.