Venture Aircraft LLC, a leading supplier to the aerospace industry, has acquired certain assets of fellow manufacturer Swift-Cor Aerospace, Inc. Venture has acquired certain of Swift-Cor’s assets and manufacturing facilities in California and Kansas, and will now operate 4 plants (two in Gardena, CA, one in Compton, CA and one in Wichita, KS) under its new name: Impresa Aerospace LLC.
Jim Dauw, CEO of Impresa Aerospace describes the acquisition: “The creation of Impresa was a ‘golden opportunity.’ The companies were similar in many ways, including the production lines, work ethic, work statements, and the customer base. When you consider the state of the industry, with demanding delivery schedules and increasing pressure on costs, building Impresa based on the strongest aspects of Venture and Swift-Cor just made sense.”
Impresa’s history as a supplier to the Tier 1 and Tier 2 aerospace industry dates back to 1973 (then operating as Venture). The company boasts major contracts with Boeing, Spirit Aerosystems, Sikorsky, Lockheed Martin and Gulfstream. Notable commercial programs include the Boeing 787, 777, 747, 737; Airbus A330 and A340; and Gulfstream G650. Impresa supports various defense-related programs, including Boeing’s Apache Helicopter, C-17 and F-18; Sikorky’s Black Hawk helicopter, and the Lockheed Martin C130.
The company plans on consolidating the existing four facilities into two locations. The 100,000ft² Gardena, CA plant, along with the 40,000ft² Wichita, KS plant, will employ 350 machinists, engineers and support staff providing exceptional quality and delivery performance to its customers. “This acquisition puts us in a unique position to successfully service an industry that is experiencing a rapid increase in aircraft build rates,” states Rovalier Thompson, Director of Sales and Marketing for Impresa Aerospace.
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