Advanced Technology Services, Inc. has launched ATS Aviation Services, the company said.
The new division will focus on the needs of the aviation maintenance and parts industry, providing the same full solution approach that has made ATS a valued partner to world-class companies including Borg Warner, Caterpillar, Cooper Tires, Eaton, Georgia Pacific, Panasonic and USG.
ATS Aviation Services will fill a critical gap in the USD72 billion aircraft engine and parts manufacturing industry, where economic cycles, uncertain federal spending, fluctuating demand for air travel and rapid retirement of skilled workers has created unprecedented challenges. With production forecasted to grow at a 5 percent CAGR between 2015 and 2019, the industry will need a more integrated approach to aircraft maintenance services that can meet increasing demand yet manage market volatility.
Advanced Technology Services, Inc. serves customers´ needs through production equipment maintenance, spare parts repair and innovative IT services throughout various industries including aviation, aerospace, automotive, heavy equipment, oil & gas, building products, consumer packaged goods and industrial components. Founded in 1985 and headquartered in Peoria, Illinois, ATS employs more than 3,200 people across the United States of America, Mexico and the United Kingdom.