Spirit AeroSystems is selling its 35-employee plant in Chanute to one of its suppliers.
Orizon Aerostructures, based in Kansas City, Mo., expects to close on the deal on Friday, the company said in a news release. Financial terms of the transaction were not disclosed in a news release by Orizon.
The announcement comes two months after Orizon, formerly known as Tech Industries, received approval from the Chanute City Council for incentives to establish a 72,000-square-foot plant there and plans to build another 70,000-square-foot building there.
“We are grateful for the opportunity to purchase Spirit's Chanute facility and expand our investment in this region,” said Orizon CEO Charlie Newell in the release. “Making this transaction a ‘win’ for the city of Chanute was a priority for both Spirit and Orizon, and we are confident this transaction will create many new jobs.”
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Orizon manufactures parts and subassemblies for commercial aerospace, military fixed wing, rotorcraft, missile/ground support and general aviation manufacturers and suppliers. Its customers include Boeing Defense, GE, General Dynamics, GKN, Lockheed Martin, Lycoming and Northrop Grumman.
Orizon has operations in North Kansas City, Mo.; and Grove and Owasso, Okla.