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Aero Mechanical Industries

aero-mechanical.net

Founded Year

2004

Stage

Acquired | Acquired

Total Raised

$500K

About Aero Mechanical Industries

Aero Mechanical Industries (AMI) is a global provider of maintenance, repair and overhaul (MRO) of both metallic and composite airframe components and accessories. These include nacelles, inlet cowls, thrust reversers, and primary/secondary flight controls.

Headquarters Location

4901 Rockaway Boulevard NE

Rio Rancho, New Mexico, 87124,

United States

505-896-2644

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Latest Aero Mechanical Industries News

Rio Rancho’s Aero Mechanical acquired by Florida company

Jul 16, 2015

Rio Rancho’s Aero Mechanical acquired by Florida company Jul 16, 2015, 7:04am MDT Share maxuser Rio Rancho aircraft repair company, Aero Mechanical Industries, has been acquired by… more Rio Rancho aircraft repair company, Aero Mechanical Industries , has been acquired by Florida-based aviation and aerospace company, AerSale. Founded in 2004, AMI specializes in aerospace maintenance services and operates out of a 100,000-square-foot repair space at 4901 Rockaway Blvd NE. The company has five additional work centers and a machining support center attached to its main facility. Terms of the deal were not disclosed. Over the past 10 years, AMI has experienced ups and downs — laying off almost 30 employees during the recession, but later rehiring most of them after the aviation industry rebounded. In December 2006, AMI raised $500,000 in funding from local venture capital fund New Mexico Community Capital . AMI’s president, Mark Ozenick, said in a statement that, “Leveraging AMI’s maintanence, repair and overhaul (MRO) expertise with AerSale’s vast spares inventory and global parts distribution network, positions AMI to become a world leader in aftermarket aircraft spares services.” While approximately 65 employees are affected by the acquisition, the company will remain in Rio Rancho. Additionally, the Sandoval Economic Alliance is facilitating the transition through the exploration of “eligible incentive programs, growth planning, and workforce — along with local and statewide business support,” according to Tiffany Avery , director of marketing and communications for SEA. Made official July 2, the sale comes about three months after AMI filed for Chapter 11 bankruptcy protection. Want Albuquerque Banking & Financial Services news in your inbox? Sign up for our free email newsletters. Industries

Aero Mechanical Industries Frequently Asked Questions (FAQ)

  • When was Aero Mechanical Industries founded?

    Aero Mechanical Industries was founded in 2004.

  • Where is Aero Mechanical Industries's headquarters?

    Aero Mechanical Industries's headquarters is located at 4901 Rockaway Boulevard NE, Rio Rancho.

  • What is Aero Mechanical Industries's latest funding round?

    Aero Mechanical Industries's latest funding round is Acquired.

  • How much did Aero Mechanical Industries raise?

    Aero Mechanical Industries raised a total of $500K.

  • Who are the investors of Aero Mechanical Industries?

    Investors of Aero Mechanical Industries include AerSale and New Mexico Community Capital.

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