Press Releases
Friday, May 03, 2013
ST Engineering’s Aerospace Arm Purchases Assets Of Turbo Mach, LLC
New investment will grow its aerospace sector’s composite manufacturing and repair capabilities
Singapore, 3 May 2013 – Singapore Technologies Engineering Ltd (ST Engineering) today announced that ST Aerospace San Antonio, L.P. (STA San Antonio) has acquired substantially all of the assets of Turbo Mach, LLC (Turbo Mach), for a purchase consideration of US$250,000 (approximately S$3...
Tuesday, March 12, 2013
ST Engineering’s Aerospace Arm Exercises Purchase Option For Intellectual Property Assets Into EcoServices
Singapore, 12 March 2013 – Singapore Technologies Engineering Ltd’s (ST Engineering) today announced that further to the announcement on 17 May 2012 regarding Vision Technologies Aerospace Incorporated’s (VT Aerospace) investment in EcoServices, LLC (EcoServices) for a 50.1% equity interest, EcoServices has exercised the purchase option it entered into with Pratt & Whitne...
Monday, August 06, 2012
ST Engineering's Aerospace Arm Will Not Proceed with Acquisition of PEMCO
Singapore, August 6, 2012 -- Singapore Technologies Engineering Ltd (ST Engineering) announced today that further to its announcement on June 18, 2012, Vision Technologies Aerospace Incorporated (VT Aerospace) and Pemco World Air Services Inc. (PEMCO) have agreed to terminate their asset purchase agreement whereby VT Aerospace intended to acquire PEMCO's Tampa aerospace facility and certain oth...
Friday, June 22, 2012
EcoServices EcoPower® Engine Wash Service Wins Eco-Technology of the Year Award
Singapore, June 22, 2012 -- EcoServices, LLC's (EcoServices) environmentally friendly EcoPower® engine wash has received the 2012 Eco-Technology of the Year Award during the inaugural Air Transport World Eco-Aviation Awards on June 21.
EcoPower engine wash was selected to receive the award based on the environmental benefits, including reduced fuel burn and CO2 emissions, it provides airli...
Monday, June 18, 2012
ST Engineering's Aerospace Arm Receives Court Approval for Acquisition of PEMCO's Tampa Facility and Certain Assets of PEMCO
Singapore, June 18, 2012 -- Singapore Technologies Engineering Ltd (ST Engineering) today announced that further to our announcement on June 8, 2012, Vision Technologies Aerospace Incorporated (VT Aerospace) has received approval from the United States Bankruptcy Court in the District of Delaware to acquire the Tampa aerospace maintenance facility and certain assets of Pemco World Air Services ...
Friday, June 08, 2012
ST Engineering's Aerospace Arm Successfully Bids for PEMCO's Tampa Facility and Certain Assets of PEMCO
Singapore, June 8, 2012 -- Singapore Technologies Engineering Ltd (ST Engineering) today announced that Vision Technologies Aerospace Incorporated (VT Aerospace) has made a successful bid for the Tampa aerospace maintenance facility and certain assets of Pemco World Air Services Inc. (PEMCO), including the Boeing 737 freighter conversion Supplemental Type Certificates, for a purchase considerat...
Thursday, May 17, 2012
ST Engineering's Aerospace Arm Completes Investment of EcoServices, LLC
Singapore, May 17, 2012 -- Singapore Technologies Engineering Ltd (ST Engineering) announced today that further to an earlier announcement on December 22, 2011, regarding the investment of a 50.1% equity interest in EcoServices, LLC (EcoServices) for a purchase consideration of US$33.3m (approximately S$43m), Vision Technologies Aerospace Incorporated (VT Aerospace) has entered into an agreemen...
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