GE Aviation has formed a joint venture (JV) with investment casting company SeaCast to produce jet engine components.
The 50/50 JV, called Montana Precision Products, will be located at SeaCast’s facility in Butte, Montana. SeaCast produces castings and specialty components for a variety of industries. “The joint venture in Butte will produce tubes, ducts and small structural castings for GE jet engines,” the companies said in a joint statement.
GE said the JV will buttress its global supply chain as “engine production rates continue to rise.” SeaCast already was a supplier for GE, producing tubes and ducts for the GE90 and GEnx powerplants.
“Both GE Aviation and SeaCast will invest in the Butte facility in order to handle higher volume,” the companies said. “The Butte operation currently has about 70 employees and is expected to grow over the next four years.”
GE Aviation VP and GM-supply chain division Colleen Athans said the JV “will provide much needed additional capacity.” SeaCast was founded in Seattle in 1985.
GE did not say how much it is investing in the JV.
atwonline.com
The 50/50 JV, called Montana Precision Products, will be located at SeaCast’s facility in Butte, Montana. SeaCast produces castings and specialty components for a variety of industries. “The joint venture in Butte will produce tubes, ducts and small structural castings for GE jet engines,” the companies said in a joint statement.
GE said the JV will buttress its global supply chain as “engine production rates continue to rise.” SeaCast already was a supplier for GE, producing tubes and ducts for the GE90 and GEnx powerplants.
“Both GE Aviation and SeaCast will invest in the Butte facility in order to handle higher volume,” the companies said. “The Butte operation currently has about 70 employees and is expected to grow over the next four years.”
GE Aviation VP and GM-supply chain division Colleen Athans said the JV “will provide much needed additional capacity.” SeaCast was founded in Seattle in 1985.
GE did not say how much it is investing in the JV.
atwonline.com
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