Published On: 07.17.22 | 

By: 4250

Alabama team seeks aerospace growth opportunities at Farnborough Airshow

An Airbus A220-300, which is assembled in Mobile. Breeze Airways will use the A220-300 to serve passengers from the Port City. (contributed)

Alabama Commerce Secretary Greg Canfield is leading a team of economic development specialists from across Alabama at this week’s 2022 Farnborough International Airshow as part of a strategic push to facilitate growth in the state’s economically important aerospace and defense sector.

The trade show, beginning July 18, is the industry’s premier 2022 business event, attracting high-level corporate decision-makers and industry leaders from around the globe to an exhibition venue at Farnborough Airport near London.

Canfield said the Farnborough Airshow represents an opportunity for Alabama’s economic development team to forge new relationships with industry leaders and strengthen existing connections through focused meetings in a single location.

“The aerospace industry represents one of the Alabama team’s primary targets for growth opportunities, and the sky is our limit as far as possibilities go within this sector,” he said.

Commerce Secretary Greg Canfield leads a team of economic development specialists from across Alabama at the 2022 Farnborough International Airshow. (contributed)

“At Farnborough, we will speak with C-suite executives at some of the world’s most technologically advanced aerospace companies as we continue to position Alabama for future economic growth,” Canfield said.

While at Farnborough, Canfield and Bob Smith, the Alabama Department of Commerce point man on aerospace, are expected to engage in appointments and informal discussions with executives for aerospace giants, including Boeing, Airbus, GE Aviation, Lockheed Martin and United Launch Alliance, as well as smaller companies.

“At Farnborough, we can showcase Alabama’s many advantages and capabilities in the aerospace sector while advancing the state as the ideal location for investment and job creation,” said Smith, assistant director of the Commerce Department’s Business Development Division in charge of European strategy.

“Because we can connect with companies from around the world at one location over three days, we can often unearth potential growth projects and put Alabama on the radar screen for these opportunities,” he said.

Air show impact

The 2022 Farnborough mission renews a familiar recruitment effort for the Alabama economic development team, which has traditionally mounted a strong presence at the European air shows that rotate annually between Paris and the U.K. The 2020 and 2021 events were canceled because of the pandemic.

Discussions at previous European air shows have kick-started Alabama investment projects from GE AviationGKN Aerospace and other aerospace and defense companies.

For instance, GE’s decision to bring high-volume additive manufacturing (3D printing) to its Auburn plant was announced at Farnborough in 2014 after talks at earlier air shows. The site became the first industrial-scale additive manufacturing factory for a jet engine component and recently produced its 100,000th 3D-printed fuel nozzle tip.

Other companies, including BAE SystemsCarpenter Technology Corp. and Winkelmann Flowform Technology, have announced Alabama growth plans at the European air shows.

These five projects alone represent more than $160 million in capital investment and almost 400 new jobs for Alabama, according to data from the Alabama Department of Commerce.

“Alabama can provide aerospace companies everything they need to succeed,” Canfield said. “We have a motivated and skilled workforce, as well as first-class job-training programs. We can offer a pro-business environment, and we know how to help aerospace companies thrive.”

“Alabama and aerospace share a common DNA, and this relationship is poised to climb to new heights in the future.”

This story originally appeared on the Alabama Department of Commerce’s Made in Alabama website.