Locally-based Securaplane Technologies, which was acquired last year by Meggitt PLC, plans to expand to a proposed 55,000 square-foot facility in Oro Valley.
The
move is meant to take advantage of the town’s streamlined Economic
Expansion Zone review process, which the Oro Valley Town Council
implemented in October. Town administrators will review and approve the
site plans, negating the need for layers of red tape that historically
stifled business expansion in the area.
As part of the review process, the company will hold an open house at 6 p.m. tonight at the Oro Valley Town Council Chambers.
Meggitt representatives declined comment.
Town Manager Greg Caton said Securaplane’s move is a sign the EEZ is effective.
“We
are very excited about this. This is exactly what the Town Council
envisioned when they authorized the Economic Expansion Zone,” Caton
said. “I think this is very reflective of the council and staff’s
attitude toward business — trying to streamline the process and
encourage economic development.”
Caton said the town has had conversations with several other businesses looking to expand into the EEZ.
Securaplane
is a supplier of avionics products such as security systems, wireless
control systems, ship batteries and chargers, inverters.
The
company supplies wireless emergency lighting systems for 787s and is
supplying Boeing with a power inverter — dubbed the “start power unit” —
used to start auxiliary power units on the 787.
The company is also supplying a charging system for the Dreamliner’s main lithium battery.
Caton
said Securaplane aims to have the new facility — located north of East
Tangerine Road between East Innovation park Drive and North Oracle Road
— up and running by the end of 2013, and that he expects the company to
hire more staff.
Article: http://azstarnet.com
Securaplane Technologies Inc.: http://www.securaplane.com
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