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PHP Louisiana Doubles Size of Facility to 10,000 Square Feet in First 18 Months
Lafayette, LA – February 18, 2014 – Lafayette based Precision Heliparts Louisiana (PHP-LA) has announced that it has added 5,000 square feet and doubled the size of its facilities located in the Gulf to serve the largest concentration of Helicopter operators in the world. This expansion comes just 18 months since PHP-LA’s parent company Precision Aviation Group announced it had opened the new facility outside of Lafayette in Broussard.
PHP-LA primarily caters to the rotary wing operator marketplace but is quickly growing its business in the fixed wing market
This addition of space increases the global footprint of PAG companies to nearly 200,000 square feet of shop and sales space. “PHP-LA primarily caters to the rotary wing operator marketplace but is quickly growing its business in the fixed wing market said PAG President, David Mast. Our growth strategy focuses on having sales and service facilities close to where our customers are located. The success of the PHP-LA facility validates how important it is to maintain this focus as we continue to grow.”
“Three factors have contributed to our growth in the Gulf Region,” said PHP-LA Director of Sales, Keith Stringer. “The increase of on-hand inventory needed to support our marketplace has grown requiring more warehouse space. PAG companies in total hold over $31 million of inventory at cost. This is a huge investment to support our customers. Secondly growth in our Starter Generator business, in combination with our recently expanded in-house capabilities for our 145 Repair Station into other accessories and airframe items, has meant the dedication of more shop space and the technical support to manage the work. Thirdly,additional space is required to house the inventories of our strategic customers and manufacturers. This allows us to provide logistical support for the deployment of assets in the field.”
PHP-LA is a Precision Aviation Group Company. Precision Aviation Group (PAG) is a leading provider of products and value-added services to the Worldwide Aerospace and Defense industry. With 9 facilities in 7 international cities with nearly 200,000 square feet of sales and service facilities in the United States, Canada, Singapore and Australia, PAG uses its distinct business un its and customer-focused business model to serve aviation customers through two business functions – Aviation Supply Chain and its trademarked Inventory Supported Maintenance, Repair and Overhaul – ISMRO®.
PAG provides industry leading aviation MRO and Supply Chain Solutions Worldwide for both Fixed and Rotary-wing aircraft through its 9 operating companies: Precision Heliparts – PHP (www.heliparts.com); Precision Aviation Services – PAS (www.pas-pag.com); Precision Accessories & Instruments – PAI (www.precisionaccessories.com); Precision Heliparts Canada – PHP-C (www.heliparts.ca); PrecisionAccessories & Instruments Canada – PAI-C (www.pai-canada.com); PHP-Instruments & Accessories – PHP-IA, PHP-LA (www.heliparts.com); Precision Aero Technology –PAT(www.precisionaerotechnology.com) andPrecision Aviation Group Australia PTY LTD – PHP-AU and PAI-AU.
PAG subsidiaries have MRO capabilities on over 21,000 products, including Accessories and Instruments, Avionics, Hydraulics, Starter/Generators, and Wheels/Brakes – (www.testwebonline.com/pag_web).
