Esterline Corporation (NYSE: ESL), a global specialty manufacturer primarily serving the aerospace and defense markets, held an official inauguration for the company´s latest manufacturing site in Kortrijk, Belgium, the company said.
After Esterline acquired advanced display and visual systems technologies in 2015, the company invested more than EUR 15m to upgrade and consolidate the facilities related to these new capabilities in Belgium into one state-of-the-art engineering and manufacturing operation. The facility operates within the Esterline Avionics Systems business platform in the company´s Avionics & Controls segment.
The facility grand opening event, which drew several officials from Belgian trade and other government sectors, included a tour of the operation highlighting some of the innovation advancements made possible by the upgrade. Also during the ceremony, a plaque was unveiled honoring 1st Lt. Murray Kenneth Spidle, an American pilot trained in Canada and stationed in France who went missing in the West Flemish region during WWI. The new company site is being called the Spidle site.
Esterline greatly expanded its expertise and experience in display and visualization technology when it acquired the defense, aerospace, and training activities of Barco N.V. in January of 2015. This new facility is the culmination of the integration and advancement efforts of this innovative business within the company.
Esterline Corporation is a worldwide supplier to the aerospace and defense industry specializing in three core areas: advanced materials; avionics & controls; and sensors & systems. With annual sales of approximately USD 2 billion, Esterline employs roughly 13,000 people worldwide.