Columbia Manufacturing today announced that its Maintenance, Repair and Overhaul (MRO) business is on track to achieve record revenues for fiscal 2019. Year-over-year growth is expected to be at least 30 percent.
The Company’s FAA and EASA certified repair operation offers a comprehensive range of in-house turbine engine and repair solutions to its customers both domestically and internationally. Based on deliveries during the first half of 2019, its current backlog, and expected new business, the company expects that 2019 will be the highest-grossing revenue year for the MRO business since it was founded in 1980.
Rob Friedland, President and CEO said, “We are very pleased with the growth of the MRO business over the last six months. Our increased focus on the expansion of this business segment to a diverse customer base continues to gain momentum.”
Bob Nieszczezewski, CFO and VP of the MRO business said, “We have an outstanding dedicated team focused on customer satisfaction. Our turnaround times are steadily improving as we constantly strive to increase our operational effectiveness. We are excited about the profitable growth we have experienced, and we have the capacity in place for continued growth opportunities.”
