Tect Aerospace is preparing to add employees and make substantial upgrades at its facilities in Park City and Wellington.
“Our drive within our company is to continue to reinvest … and continue to grow at a pace double what the market is growing,” says Scott Brown, vice president and general manager of operations.
In Park City, where Tect focuses on large monolithic aluminum structural machining and some basic assembly work, the company has just over 100 employees and will add about 55 more over the next five years. In the same time period, it will make a $24 million investment in the facility.
In Wellington, where Tect is focused on large aluminum and medium complex titanium machine components, the company has more than 200 workers and will add almost 70 more over the next five years. It plans to make a $30 million capital investment through 2019.
Tect won’t expand its footprint. It already has 100,000 square feet of open space out of 200,000 square feet in Park City and almost 150,000 square feet within its existing 700,000 square feet in Wellington.
“We had the vision of that back in 2005,” Brown says of having extra space.
Tect, a division of Kentucky-based Tect Corp., started in 2005 when it purchased several companies that now comprise the business.
The division also has two more facility sites in Washington state and a corporate office in the Garvey Center.
Tect will receive a variety of incentives from the state of Kansas to help with its upgrades.
“None of us like the incentive game, but unfortunately it’s the arena we play in,” says David Bossemeyer, vice president of business development at the Greater Wichita Partnership.
He says the incentives play a crucial role in making sure Tect reinvests in Kansas.
“They could have very easily done it at one of their other operations.”
The state won’t discuss the amount of incentives until contracts are signed, but Bossemeyer says they consist of letting Tect keep part of employee withholding taxes for a time, allowing a 10 percent tax credit against its profits for a certain period and potentially giving about $200 worth of training per employee.
Brown says he met Bossemeyer at an event and reached out to him to help the company.
“We need more equipment, and we need better technology,” Brown says.
“We’ve had very high success with our customer base as far as performance, and they continue to see us as strategic partners and provide us opportunities to grow.”
He says partnerships are a big part of what the company focuses on.
“We’re able to come and provide a solution for our customers.”
That could mean getting creative to help someone who is having cost issues or stepping in and replacing a failing supplier.
“Speed to market is key,” Brown says. “And then being good at what you do.”
Bossemeyer says there will be ripple effects from Tect’s upgrades.
“We increase the economy overall,” he says.
That includes in Wichita, Bossemeyer says.
“We tend to be the retail center for the area.”
Bossemeyer says more jobs mean more salaries that go to groceries, insurance and new cars.
“It’s hard to do those types of purchases if you’re not employed.”
Park City administrator Jack Whitson says most of Tect’s Park City employees live in Wichita.
“It’s a win-win for everybody,” he says. “We’re thrilled about it.”