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NORDAM contract to create 300 jobs
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NORDAM contract to create 300 jobs

• The firm's new product targets the market for business jets.

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NORDAM contract to create 300 jobs

Meredith R. Siegfried, CEO of NORDAM (center); John Clawson, vice president/general manager of NORDAM Nacelle/Thrust Reverser Systems Division; and Jim Thompson, vice president engineering of NORDAM Manufacturing stand next to the integrated powerplant system on Pratt and Whitney Canada's new PurePower engine.

NORDAM announced Wednesday that a contract signed in 2010 will eventually bring approximately 300 new jobs to Tulsa.

The aerospace company has designed, engineered, developed and manufactured an integrated powerplant system for two Pratt & Whitney Canada engines, PW-814GA and PW815GA.

The integrated powerplant system and engines will be used on the Gulfstream G500 and G600 aircraft, the new family of business jets that Gulfstream Aerospace Corp. announced Tuesday in Savannah, Georgia.

NORDAM is a Tulsa-based aircraft component manufacturer and repair company. Currently it employs 2,500 people across nine facilities on three continents.

The integrated powerplant systems consist of the components on an engine, such as the inlet and thrust reverser.

"After four years in development, we're delighted to announce

this opportunity to support our longtime customer Pratt & Whitney Canada," NORDAM CEO Meredith Siegfried said.

"This integrated power-plant system has the potential to span across other large-cabin, long-range business jets - a market that's proven its economic resilience and has a promising outlook for future growth. When the program is in full production, we will have added approximately 300 new jobs to Tulsa."

The new jobs will be added gradually and all of the approximately 300 positions will be in place by 2020, Siegfried said.

The 300 new jobs will include a variety of positions such as engineers, logistics professionals and quality inspectors, she said. Salaries for the new jobs will range from $40,000 to more than $100,000.

The additional jobs will have an even wider impact on the area's economy, said LToya Knighten, spokeswoman for the Tulsa Chamber.

"NORDAM is one of Tulsa's most treasured headquartered companies, and we're ecstatic to learn the building of the integrated powerplant system for Pratt & Whitney Canada engines will take place right here in Tulsa," Knighten said.

An impact analysis from the Tulsa Chamber shows that 300 new jobs at NORDAM will support 566 jobs throughout the area's economy and will support $53.8 million in wages and salaries throughout the area economy

Additionally, the impact on Gross Metro Product of a year's work by the 300 new jobs is $77.7 million and the local sales and property taxes supported by the annual activity of 300 jobs at NORDAM is $1.8 million, she said.

Gov. Mary Fallin also issued a statement congratulating NORDAM, noting the company is not only a major asset to Tulsa but also to the entire state.

"NORDAM's consistent success is a reflection on Oklahoma's pro-business climate and our ability as a state to provide a highly skilled workforce able to meet the challenges of the ever-evolving aerospace industry," Fallin said. "My congratulations go out to Meredith Siegfried, her management team, and all NORDAM employees for their continued success in Oklahoma."

To NORDAM, the most exciting thing about the new integrated powerplant system is the all-new composite Asymmetrical Pivot Door (APD) thrust reverser the company developed and holds a patent for, Siegfried said.

"We see this APD as a game changer because it combines low weight, excellent performance, and high reliability," Siegfried said.

Casey Smith 918-732-8106

casey.smith@tulsaworld.com

NORDAM announcement's economic impact

• 300 new jobs at NORDAM support 566 jobs throughout the Tulsa-area economy.

• Annual activity of 300 new jobs at NORDAM earn and support $53.8 million in wages and salaries throughout the Tulsa-area economy.

• The impact on Gross Metro Product of a year's work by the 300 new jobs is $77.7 million.

• The local sales and property taxes supported by the annual activity of 300 jobs at NORDAM is $1.8 million.

-TULSA CHAMBER ANALYSIS

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