FEAM AERO announced its second hangar at Cincinnati/Northern Kentucky International Airport (CVG), that the companys says cements its presence at the global e-commerce hub while creating about 200 additional aircraft mechanic jobs.
The state -of-the-art three-bay, wide-body hangar will be constructed from the ground up and will encompass 150,000 square feet of hangar, back-shop and storeroom space, in addition to 5,000 square feet of administrative offices. This facility will have the ability to accommodate aircraft types up to 767 fully enclosed and will include three wide-body parking spots in the adjacent ramp space.
FEAM’s newest facility, a $40.2 million investment, to be completed by the end of 2023 will complement its existing hangar at CVG, spanning over 100,000-square-feet of state-of-the-art workspace, currently employing 300 technicians.
“It is an incredible accomplishment to continue to expand FEAM’s presence at CVG, an organization who is truly innovating in the e-commerce space,” said Fred Murphy, CEO, FEAM AERO. “This new operation will provide ample aircraft maintenance capacity and resources for CVG’s growing cargo operations. Our initial success with our first hangar, and immediate demand for expansion, confirms that we are in the right place, at the right time, with the right partners. I commend our dedicated and relentless team of professionals that embody the core values of our company every day; it is because of them that we can maintain our high standard of quality and service as we grow and enter new markets.”
“We congratulate FEAM on their success and business growth,” said Candace McGraw, CEO, CVG Airport. “They have been a terrific partner in which we share a vision to further develop needed infrastructure and services to support continued growth of cargo carriers at CVG. The airport’s current strategic plan outlines the transformational impact we can make for our region, and this project does just that through job creation and capacity building to grow and diversify cargo operations.”
FEAM says it is leading the industry in the uncertain times of the pandemic with continued growth and global expansion. As the company works to expand its European presence, it is also investing heavily in creating a resilient and robust workforce in major markets throughout the United States.
The addition of this new hangar to FEAM’s existing presence at CVG will create nearly 200 aircraft maintenance professional positions and more than fifty administrative & material specialist Jobs. FEAM will launch a nationwide recruitment campaign to fill these high-income earning roles, furthering economic development in the local and surrounding communities.
A groundbreaking ceremony for FEAM AERO’s new hangar is tentatively planned for summer 2022 with work to be completed by the end of 2023.