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Aerospace Industry Companies

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					Ae r o s p a c e In d u s tr y Ov e r v ie w

Aerospace is a mature industry that swings with the general economy. The success of
companies operating within this industry is dependent on air passenger traffic, airline profits,
airplane fleet retirement cycles and defense needs.


The industry may be divided into three broad categories: commercial aircraft, the defense
industry and the space industry. This study mainly focuses on the commercial aircraft
industry and supporting businesses. Georgia is home to several defense contractors who are
major players in the state’s aerospace industry. While this analysis does not cover the
defense industry in depth, some of the companies that participate in the industry are
included.


Georgia’s Aerospace Industry
The Commercial Aircraft Industry
   Large commercial jets. Boeing and Airbus are the two major assemblers operating in
   this segment. Boeing operates a large facility in Macon, Georgia and employs 590
   workers. The facility focuses on aircraft subassembly manufacturing. Companies in this
   category fall under the NAICS 336411, Aircraft Manufacturing.

   Business and regional aircraft. Gulfstream and Cessna are two significant players in
   this segment. Both companies have sizable operations in Georgia. Gulfstream in
   Savannah employs 5,000 workers and makes business jet aircraft. The company
   announced expansion plans in 2006, adding more than 1,000 workers. Companies
   building business and regional jets are also classified under NAICS 336411.

   Maintenance, repair and overhaul. Companies in this category mainly provide repair
   services and replacement parts sales to the industry. Companies providing maintenance
   and repair are classified under NAICS 488190, Aircraft Maintenance and Repair Services.
   Delta Air Lines employs 5,000 aircraft maintenance and repair workers who are not
   accounted for in our statistics, as we did not include air carriers in this analysis.

   Engines and avionics. Major players include GE, Rolls-Royce, Pratt & Whitney,
   Honeywell, and Rockwell Collins. Pratt & Whitney employs 500 workers in Columbus,
   Georgia. Companies focusing on engines and other parts are classified under NAICS
   336412, Aircraft Engine and Engine Parts Manufacturing and NAICS 336413, Other
   Aircraft Parts and Equipment respectively.

The Defense Industry
While Georgia’s defense industry is not covered in this study, the presence of some the
country’s largest defense contractors is significant. Lockheed Martin in Marietta, Georgia
employs 7,500 workers who build primarily military aircraft. Northrop Grumman has two
locations in Georgia.

                                                                                               3
Major Commercial Aircraft/Aerospace Operations
Georgia’s commercial aircraft companies are scattered throughout the state. Clusters of
companies have developed in Atlanta, Columbus, Macon and Savannah. As illustrated
below and in more detail later in this study, commercial and military airports, along with
technical training facilities, have helped grow these clusters.

                                                         Aerospace Clusters in Georgia



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Industry Employment in Georgia
The aerospace products and parts manufacturing industry in Georgia (NAICS 3364)
employs 18,328 workers according to the Bureau of Labor Statistics 2005 annual data.
Employment at operations included in the Georgia Power database totals nearly 25,000 and
covers companies that are not necessarily classified under NAICS 3364 but provide critical
products and services to the industry.

                                                                                                                                                4
                 Georgia’s Largest Aerospace Subgroups and Employers
                 Four major groups account for 83 percent of industry employment in Georgia. Companies
                 making aircraft (NAICS 336411) employ 59 percent of all industry workers with 14,698
                 employees. Companies that supply other support activities for air transport (NAICS
                 488190) employ 2,727 workers. Aircraft and engine parts manufacturing (336412) accounts
                 for 2,101 employees. The other aircraft parts and equipment segment (NAICS 336413)
                 employs 1,141 workers. The remaining 17 percent of employment is comprised of
                 companies classified under various other NAICS codes.

                                    Georgia Aerospace Industry Employment by Segment

With nearly 14,700                 Other, 4,300; 17%
workers, aircraft
manufacturing is
Georgia’s largest
                          Other Aircraft
single aerospace
segment.                 Parts, 1,141; 5%


                         Aircraft Engine,
                            2,101; 8%
                                                                                                             Aircraft Mfg.,
                                                                                                             14,698; 59%

                             Aircraft Services,
                                2,727; 11%




                                                     Segment and percentage of industry shown.
                                  Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2005




                                                                                                                              5
Aircraft Manufacturing (NAICS 336411)
Georgia’s nearly 14,700 aircraft manufacturing workers are employed in 38 companies.
Aircraft manufacturing companies are involved in complete aircraft assembly, developing
aircraft prototypes, aircraft conversion, and aircraft overhaul and rebuilding. These
operations are part of the large commercial jet, business jet and overhaul portions of the
industry.

                            Aircraft manufacturing (NAICS 336411)
                                      Largest Employers
                               Company                 Employment        City
                     Lockheed Martin Corp.                  7,500 Marietta
                     Gulfstream Aerospace Corp.             5,000 Savannah
                     Boeing Co.                               590 Macon




Other Support Activities for Air Transport (NAICS 488190)
This segment employs 2,727 workers and includes aircraft service and repair companies and
aircraft testing services. These companies are part of the industry’s maintenance, repair and
overhaul sector.

                 Other support activities for air transport (NAICS 488190)
                                   Largest Employers
                                  Company                  Employment        City
                     Garrett Aviation Services Inc.                 200 Augusta
                     Piedmont Aviation Services Inc.                100 Albany


Aircraft Engine and Engine Parts Manufacturing (NAICS 336412)
Employing 2,101 workers at 10 locations, this segment is part of the industry’s engines and
avionics sector.

             Aircraft engine and engine parts manufacturing (NAICS 336412)
                                   Largest Employers
                                  Company                Employment      City
                        PCC Airfoils LLC                        700 Douglas
                        Pratt & Whitney                         500 Columbus
                        Chromalloy Gas Turbine Corp.            150 Newnan




                                                                                                6
Other Aircraft Parts and Equipment (NAICS 336413)
Aircraft parts and equipment manufacturers employ more than 1,100 workers according to
the Bureau of Labor Statistics. Due to differences in NAICS classification, sources of
company-specific information used for the Georgia Power database list more than 5,700
workers at 37 companies within this category. The major companies in this segment are
listed below.

                   Other aircraft parts and equipment (NAICS 336413)
                                    Largest Employers
                               Company                 Employment      City
                     Columbus Engine Ctr.                   1,000 Midland
                     Precision Components Intl.               560 Columbus
                     Vought Aircraft Industries Inc.          515 Milledgeville
                     Engineered Fabrics Corp.                 480 Rockmart
                     AMCOM Project OLR                        400 Savannah
                     Cessna Aircraft Co/                      400 Columbus
                     McCauley
                     Timco Aviation Services                  300 Macon




                                                                                         7
                       New Aerospace Operations in Georgia
                       The aerospace industry has discovered that Georgia is an attractive place to do business. In
                       the 2000 to 2006 time frame, 11 companies have opened new operations or expanded
                       existing operations in Georgia (Cessna has expanded three times, Pratt & Whitney has
Aerospace
                       expanded twice), creating more than 2,400 new jobs. In 2006, Gulfstream announced a
companies have
                       major expansion in Savannah, adding 1,100 positions.
added 2,400 jobs to
Georgia’s
                                           New and Expanding Georgia Aerospace Companies
economy over the
                                                       2000 – 2006 year to date
past five and a half
years.                    Year                                                                                         Number of New
                        Announced             Company                  City                       Product              Jobs Announced
                           2006      Gulfstream                   Savannah         Aircraft                                1,100
                           2005      Douglas Equipment            Douglasville     Aviation and port tractors                15
                                     Precision Components
                           2005                                   Columbus         Aircraft engines                         100
                                     International
                           2005      Tower Aerospace              Eastman          Aviation parts                            50
                           2005      Cessna                       Columbus         Aircraft components                      110
                           2005      Pratt & Whitney              Columbus         Aircraft engines                         120
                           2005      Vought Aircraft              Milledgeville    Aircraft components                      150
                                     Techsphere Systems
                           2004                                   Columbus         Spherical airships                       250
                                     International LLC
                           2003      SMI, Inc.                    Comer            Composite aircraft parts                  20
                                     Stewart & Stevenson
                           2003                                   Kennesaw         Airport ground support equipment          30
                                     TUG
                           2003      Parker Aerospace             Dublin           Airplane parts                            28
                                     McCauley Propellers
                           2002                                   Columbus         Aircraft propellers                       75
                                     (Cessna)
                           2001      Pratt & Whitney              Columbus         Aircraft engines                         100
                                                                                   Aircraft (sheet metal assembly
                           2001      Cessna                       Columbus                                                  300
                                                                                   facility)
                                          Source: Georgia Department of Economic Development and Georgia Quick Start




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