After acquiring Aerocraft Manufacturing, the company grew from 26 employees in 2005 to 120 employees in 2012, producing 95% of the aerospace industry’s low pressure turbine cases, as well as a variety of other airplane and engine cases.
“We think we are the fastest growing aerospace company in New England,” says Bruce Fiedorowicz, sales manager at Volvo Aero.
Of course, the company didn’t start from nothing, as it is a subsidiary of Swedish transportation conglomerate AB Volvo, which produces cars, buses, trucks and boats. Volvo Aero itself is an enormous subsidiary with $964 million in sales in 2011 and a history that traces to its Trollhattan, Sweden international headquarters in 1930. Those roots gave Volvo Aero Connecticut a leg up on the competition when entering the marketplace.
“Here you have a global aerospace corporation who chooses to invest in the U.S. and picks Connecticut,” Fiedorowicz says.
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