Ontic to Expand into Florida by Opening Eighth Site as a Dedicated MRO Center of Excellence

Ontic, a leading global manufacturer of aerospace parts, is expanding into Florida with
the opening of its eighth global site – scheduled for early 2025. Located in Miramar, FL,
this exciting expansion comes as part of the strategic decision to create a global
network of Ontic MRO Centers of Excellence focused on supporting customers of Ontic
manufactured parts and systems.

This network of dedicated MRO facilities will allow Ontic to meet the needs of their
customers more effectively. By investing in MRO talent and focused resources, they
plan to improve their existing operations while creating new capacity and setting the
business up for future growth and success – across both their original equipment and
MRO operations.

Commenting on the decision, Jack Karapetyan, VP of Ontic’s Global MRO Operations,
said: “Opening this eighth Ontic site is another exciting milestone in our growth. Florida
was the natural choice for our expansion as it is already an MRO hub with ample skilled
labor and a business-friendly environment, which also acts as a gateway to South
American markets. I’m excited by this investment that will build and grow our MRO
operations and enable us to become a benchmark for other MRO centers in the
industry.”

In opening the Miramar site, Ontic will be moving its North Carolina (NC) MRO
operations to Florida, allowing for focus and further expansion while providing the
wider NC business with more space to grow. Thanks to growth in all areas of the
business, Ontic has no planned job losses as a result of this move, with MRO teams in
the US having the opportunity to relocate to Miramar or move into new manufacturing
roles on their current site.

“We recognize that airlines and end users of our products and systems expect a certain level of
performance and service,” said Matthew Pritchard, VP of Sales & Customer Engagement at Ontic “This exciting new investment will ensure we can deliver against these requirements, and I’m looking forward to inviting new customers to come and see what we are capable of.”

Ontic has appointed Jamerio Vinson as general manager of the Miramar site. Vinson is
currently overseeing the final stages of the site’s renovation as well as focusing on
recruitment ahead of the site becoming operational in early 2025. If you’d be interested
in applying for a role, visit ontic.com/careers to view current vacancies