RUAG Space USA Selects Titusville To Locate Satellite Structures Production Facilities
By Space Coast Daily // November 30, 2016
will begin with 10 employees
BREVARD COUNTY, FLORIDA – The Economic Development Commission of Florida’s Space Coast announced RUAG’s selection of Brevard County for its RUAG Space USA Inc. production facility in Titusville.
RUAG Space USA Inc., a supplier of spacecraft structural and thermal equipment, will operate at the Port Canaveral Titusville Logistic Center.
The company will begin with 10 employees in 2017 at an average wage of $50,261 and may ultimately reach 60 full-time workers by 2025.
“The aerospace industry is undergoing a disruptive transformation,” said Peter Guggenbach, CEO of RUAG Space USA Inc.
“In what’s known as the new space segment, innovative start-ups and private investors are developing new commercial business models for aerospace applications. We want to be a competitive player in this segment too. The current order from Airbus OneWeb Satellites proves that we’re on the right path.”
The EDC worked closely with RUAG to communicate the competitive advantages of a Brevard County location by presenting the best business case and meeting significant requirements. In addition, the EDC guided the company through the State and North Brevard Economic Development Zone incentive programs.
“RUAG Space USA Inc. is a leading supplier of space products in the European space market,” said Lynda Weatherman, president and CEO of the EDC of Florida’s Space Coast.
“Competition across the space industry breeds excellence and RUAG’s selection of Titusville for their U.S. production facility, further strengthens Brevard County’s standing as a premier location for aerospace businesses throughout the world.”
RUAG Space USA Inc. plans to start manufacturing the satellite structures early next year.
“RUAG Space USA Inc. is a strong addition to Florida’s aerospace industry and we welcome them and their global expertise to the Space Coast,” said Enterprise Florida Executive Vice President, Mike Grissom.
“Florida is a pioneering state for aerospace and continues to be the home of innovation for the industry, thanks to the more than 85,000 Floridians who work in the industry.”
Space Florida is excited to welcome RUAG to the State of Florida and Brevard County.
“Our state’s iconic space legacy is ever-expanding as RUAG will play a key role within a growing supply chain for the aerospace and satellite industry here in Florida,” said said Frank DiBello, president and CEO of Space Florida.
“We look forward to being a partner in RUAG’s success, and continuing to work with the community on Florida’s Space Coast to further solidify Florida as a world leader in aerospace.”
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