MTU Maintenance transforms Fort Worth Airport with $120 million investment
- MTU Maintenance signs a 30-year lease to invest $120 million in a facility at Fort Worth's Perot Field.
- The company anticipates creating 1,200 direct jobs and up to 2,000 indirect jobs in the area.
- This expansion aligns with MTU's strategy to grow its North American operations through 2050.
In an effort to expand its presence in North America, MTU Maintenance, a subsidiary of Germany's MTU Aero Engines, signed a 30-year lease with the city of Fort Worth. This agreement includes a significant investment of $120 million to enhance a 43,000-square-foot facility at Perot Field Fort Worth Alliance Airport. Effective September 1, the facility will be renamed from MTU Maintenance Dallas to MTU Maintenance Fort Worth, contingent upon necessary approvals. This investment is expected to create approximately 1,200 direct jobs in Fort Worth, along with up to 2,000 indirect jobs in related services, logistics, and infrastructure. The managing director of MTU Maintenance Fort Worth, Gernot Sell, stated that the company is committed to regional collaboration and job creation while preparing for substantial growth in the future. The transition of the Fort Worth site from a service center to a comprehensive disassembly, assembly, and testing facility is a critical part of MTU's long-term growth strategy, which aims to support expansion through 2050. The investment is seen as a strategic move that aligns with MTU's objectives to enhance its operations in North America. This significant investment is not just a financial commitment but also an indication of MTU Maintenance's intention to establish a robust workforce that can assist in serving a global customer base. The company aims to facilitate job creation that meets the growing demands of the aerospace industry, thereby contributing positively to the local economy in Fort Worth and beyond.