logo
Plus   Neg
Share
Email

Collins Aerospace To Invest $225 Mln In Three Projects, Create Over 100 Jobs

Collins Aerospace Systems, a unit of United Technologies Corp. (UTX), announced Monday plans to open a new Landing Systems facility in Fort Worth, Texas, and to expand its carbon brake manufacturing facility in Spokane, Washington. An expansion of the company's carbon brake manufacturing facility in Pueblo, Colorado, is already underway. It will invest a total of $225 million in the three projects.

The company expects to create more than 100 jobs through the completion of all three projects.

The announcement reflects the growth of the company's Landing Systems business in recent years, driven by increasing demand for its wheels, brakes and landing gear from commercial, military and business aviation customers.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Global PC shipments returned to growth in the second quarter of 2020 after seeing a significant decline in the preceding first quarter due to COVID-19 related supply-chain disruptions, according to reports by two research firms. The PC market returned to growth in the quarter as production ramped up and vendors restocked their supplies to near-normal levels. The bankruptcy filing of America's oldest apparel retailer Brooks Brothers has ignited significant interest from potential buyers for the brand. WHP Global and a venture backed by Authentic Brands Group LLC and Simon Property Group, Inc., are reportedly considering bids for the retailer. WHP Global owns the ANNE KLEIN and JOSEPH ABBOUD brands. Sundial Herbal Products has recalled around 65 products, which were misbranded and currently unapproved drugs, the U.S. Food and Drug Administration said in a statement. The recall follows an order by a federal judge in June to stop distributing the company's unapproved new drugs. The affected items include herbal products and dietary supplements.
Follow RTT