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Pemco Aviation Group, Inc. Announces Expansion of its Commercial Division into Tampa, Florida
Wednesday July 18, 9:00 am ET
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Pemco Aviation Group, Inc. (NASDAQ: PAGI - News) announced today that the Board of the Tampa International Airport Authority has granted Pemco World Air Services, Inc, Pemco's commercial division, a 60-day exclusivity period to negotiate an agreement to lease the former US Airways maintenance hangar at the Tampa International Airport in Tampa, Florida.
When finalized, the company plans to perform heavy maintenance, required inspections and aircraft modifications for current and future customers. The 5-bay hangar contains approximately 150,000 square feet and will provide a significant growth opportunity for Pemco's commercial division. . Pemco anticipates the facility will support over 400 jobs in the Tampa area by 2009.
Ron Aramini, President and Chief Executive Officer of Pemco stated, "We are extremely pleased to have been given this opportunity. Tampa International Airport is conveniently located for our customers and provides a solid partnership arrangement with the Tampa International Airport Authority which benefits all involved. We look forward to expanding our business into Tampa and becoming a good corporate partner in the community."
About Pemco Aviation Group, Inc.
PAGI, with executive offices in Birmingham, Alabama, and facilities in Alabama and California, performs maintenance and modification of aircraft for the U.S. Government and for foreign and domestic commercial customers. The Company also provides aircraft parts and support and engineering services, in addition to developing and manufacturing aircraft cargo systems, rocket vehicles and control systems, and precision components. For more information go to www.pemcoaviationgroup.com.
Wednesday July 18, 9:00 am ET
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Pemco Aviation Group, Inc. (NASDAQ: PAGI - News) announced today that the Board of the Tampa International Airport Authority has granted Pemco World Air Services, Inc, Pemco's commercial division, a 60-day exclusivity period to negotiate an agreement to lease the former US Airways maintenance hangar at the Tampa International Airport in Tampa, Florida.
When finalized, the company plans to perform heavy maintenance, required inspections and aircraft modifications for current and future customers. The 5-bay hangar contains approximately 150,000 square feet and will provide a significant growth opportunity for Pemco's commercial division. . Pemco anticipates the facility will support over 400 jobs in the Tampa area by 2009.
Ron Aramini, President and Chief Executive Officer of Pemco stated, "We are extremely pleased to have been given this opportunity. Tampa International Airport is conveniently located for our customers and provides a solid partnership arrangement with the Tampa International Airport Authority which benefits all involved. We look forward to expanding our business into Tampa and becoming a good corporate partner in the community."
About Pemco Aviation Group, Inc.
PAGI, with executive offices in Birmingham, Alabama, and facilities in Alabama and California, performs maintenance and modification of aircraft for the U.S. Government and for foreign and domestic commercial customers. The Company also provides aircraft parts and support and engineering services, in addition to developing and manufacturing aircraft cargo systems, rocket vehicles and control systems, and precision components. For more information go to www.pemcoaviationgroup.com.
