The company says it plans to invest millions to upgrade its facility in a busy part of North Texas.
FORT WORTH, Texas — A global aerospace company is planning a big expansion in North Texas in a move expected to add 1,200 new jobs.
German-based MTU Aero Engines AG says it plans to invest $120 million to upgrade its 43,000-square-meter facility at Perot Field Fort Worth Alliance Airport as part of its long-term investment strategy through 2050. The company signed a 30-year lease contract with the City of Fort Worth to expand its facility there.
The expansion is expected to bring 1,200 new jobs to North Texas and up to 2,000 indirect jobs in services, logistics and infrastructure, according to a press release.
“MTU is taking things to the next level with a triple-digit million US dollar investment in our Fort Worth-based site. To underscore this strategic shift, the facility will be renamed MTU Maintenance Fort Worth,” said MTU Maintenance Fort Worth Managing Director Gernot Sell.
The facility, previously named MTU Maintenance Dallas, will be renamed effective Sept. 1, pending approval from regulatory bodies.
“We have a clear business strategy for regional collaboration, are committed to job creation and both excited and prepared for significant growth,” the company said in a statement.
MTU previously announced that it will be adding CFM LEAP and GEnx maintenance, repair and overhaul services to its portfolio in the U.S., which will result in MTU’s site in Fort Worth being developed from an on-site service center to full disassembly, assembly and test facility.
The city of Fort Worth owns Alliance Airport, but it’s managed by Alliance Air Services, a Hillwood company, our content partners at the Fort Worth Star-Telegram report.
“As one of the soon-to-be largest engine maintenance and testing facilities in North America, MTU Maintenance Fort Worth will be a powerful force for economic growth — bringing thousands of high-quality jobs, attracting top-tier aviation talent, and reinforcing our region’s position as a global leader in aerospace innovation,” Christopher Ash, Hillwood’s senior vice president of aviation business development, in a statement to the Star-Telegram.
MTU’s business includes both military and commercial aircraft engines across 19 locations around the world, and it maintains 1,500 engines and industrial gas turbines each year.