Mid-America’s sale could mean more jobsWest Fargo’s Mid-America Aviation has changed ownership and the company’s former president and CEO says that means a major employment increase in the area.
By: Tracy Frank, INFORUM
West Fargo’s Mid-America Aviation has changed ownership and the company’s former president and CEO says that means a major employment increase in the area.
Moog Inc., a worldwide designer, manufacturer, and integrator of precision motion control products and systems, bought the West Fargo company May 25 from Midwest Aero Holdings, said Tom Kenville, the company’s former president and CEO, who is now working as a consultant.
More details will be forthcoming at a change of ownership event Monday, Kenville said.
Moog expects a $10 million increase in its military aftermarket for 2011 due to the acquisition of Mid-America Aviation, according to its third quarter conference call for fiscal year 2010. Moog paid $9 million for Mid-America Aviation, according to the statement.
Mid-America Aviation, 159 8th Ave. NW, repairs and overhauls parts
for military aircraft.
The company is a licensed Federal Aviation Administration repair station and military servicing facility.
Moog’s systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, industrial machinery, wind energy, marine applications, and medical equipment.
The company was founded in 1951 by William C. Moog, Arthur Moog, and Lou Geyer. Moog is headquartered in East Aurora, N.Y., and has sales, engineering, and manufacturing facilities around the world.
Readers can reach Forum reporter Tracy Frank at (701) 241-5526