Novaria Group, Fort Worth, Texas, announces the acquisition of substantially all the assets of Weatherford Aerospace Inc., Weatherford, Texas. Weatherford is a provider of aircraft wing skins, formed structures, and unique services related to the treatment and processing of aerospace products. Novaria plans to pursue strategic growth and expansion of Weatherford’s capabilities, while also delivering enduring value to customers, employees and the aerospace industry.
Weatherford’s manufacturing capabilities are focused on a wide variety of processes and products that are incorporated into most airframes flying today. The company’s customers include many major original equipment manufacturers (OEMs) and tier 1 and tier 2 supply chain partners such as: Gulfstream, Boeing, Bell Helicopter, Bombardier, Lockheed Martin, Spirit and Triumph.
Charles Paris, Sr., founder of Weatherford, will be retained as a consultant to the company. Weatherford will continue operations in a total of 165,000 sq. ft. at its two manufacturing locations, both of which are located in Weatherford, just a few miles west of Fort Worth.
Novaria is currently pursuing additional growth opportunities, capitalizing on the expanding aerospace market by acquiring majority interests in small- to mid-market companies looking for a long-term oriented, well-aligned, financial and operational partner.
http://www.weatherfordaerospace.com
