Nordam

Nordam

Nordam

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Nordam, or NORDAM, is an American aerospace company. It concentrates on Interiors, Structures, Nacelle & Thrust Reverser Systems, Repair & Transparency.[3]

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History

Nordam was founded in 1969 by Raymond Siegfried.[2]

President and CEO Charles B. Ryan was killed in a plane crash in 2001.[2]

In 2018 Nordam filed for bankruptcy.[2]

In 2018 Nordam halted production of nacelles for the Pratt & Whitney Canada PW800 due to a contract dispute with Pratt & Whitney Canada.[4][5] In order to recover its financial position Nordam sold its nacelles business to Gulfstream Aerospace.[1]

In 2019 Nordam exited bankruptcy through a cash injection from The Carlyle Group which resulted in Carlyle gaining control of 45% of the company.[1][6]

Operations

In 2019 Nordam had 1,800 employees in the Tulsa area and 500 elsewhere.[2]

In 2022 Nordam opened a major MRO facility at Taoyuan which will serve as their regional hub replacing operations in Singapore.[7] The Taoyuan operation is a joint venture with China Airlines.[8]

References

  1. [1]
    Hemmerdinger, Jon. "Nordam emerges from bankruptcy with private equity partner". flightglobal.com. Flight Global. Retrieved 27 January 2022.
  2. [2]
    Watson, Julie Wenger. "NORDAM flies in the face of challenges 50 years after its founding". tulsapeople.com. Tulsa People. Retrieved 27 January 2022.
  3. [3]
    "Products & Services". NORDAM. Retrieved April 10, 2023.
  4. [4]
    Thurber, Matt. "Nordam Halts PW800 Nacelle Production". ainonline.com. AIN Online. Retrieved 27 January 2022.
  5. [5]
    Morgan, Rhett. "250 affected as NORDAM suspends production of PW800 nacelle system in contract dispute". Tulsa World.
  6. [6]
    Morgan, Rhett. "Tulsa-based NORDAM Group exits bankruptcy". tulsaworld.com. Tulsa World. Retrieved 27 January 2022.
  7. [7]
    "Nordam opens aircraft component repair facility in Taiwan". journalrecord.com. Journal Record. 26 January 2022. Retrieved 27 January 2022.
  8. [8]
    "NORDAM opens new Taiwanese MRO shop". asianaviation.com. Asian Aviation. 26 January 2022. Retrieved 27 January 2022.
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