Setna iO and Setnix Expand Operations with New Facility in Tempe
In a significant development for the aviation industry in Arizona, Setna iO and its sister company Setnix have announced the acquisition of a new facility in Tempe, Arizona. This move is poised to significantly enhance their capabilities in the aircraft maintenance, repair, and overhaul (MRO) sector.
The facility, located at 1345 S. 52nd Street, Tempe, is a vast 112,000-square-foot site, which is more than triple the size of their previous 30,000-square-foot location. This expansion will allow the companies to increase their service offerings from 44 product lines to over 100, including main engine services, within the next year. Additionally, this growth is expected to create over 130 new jobs, with the facility anticipated to be fully operational by 2025.
Robert James, President of Setnix, expressed excitement over the expansion, stating, Accelerating our operations in the new facility is an exciting challenge and a testament to the success we’ve experienced thus far in Arizona. The new space allows us to expand our workforce and capabilities to better support our customers worldwide. As an entrepreneur-led company, we are particularly proud that this expansion will give employees the opportunity to grow alongside us and take on leadership roles within the organization.
Sandra Watson, President and CEO of the Arizona Commerce Authority, highlighted the importance of this expansion for the state, saying, Setnix’s expansion in Tempe highlights Arizona’s continued aviation industry growth. With this new facility, Setnix bolsters Arizona’s aviation and aerospace supply chain. We are grateful to Setnix for its continued commitment to Arizona and look forward to supporting their success in Tempe.
Tempe Mayor Corey Woods also commended the development, noting, The City of Tempe applauds Setnix’s incredible success and rapid growth in the global aviation industry and is excited to continue to serve as the company’s home in Arizona. Setnix’s expansion will offer high-quality job opportunities to many, contributing significantly to Tempe’s overall economic health and prosperity. The City is excited to support Setnix during their time of growth and looks forward to their continued success within the Tempe community.
About Setna iO and Setnix
Setna iO is a globally integrated provider of aircraft and engine leasing, component stocking, and MRO services. Known for its active participation in airframe and engine teardowns, the company manages large inventory acquisitions and daily trading. With strategic warehouses in Arizona, Chicago, and London, Setna iO is well-positioned to manage inventory globally. Furthermore, Setnix, as an FAA/EASA 145 repair station, specializes in airframe and APU components, ensuring rapid turnaround times and high-quality service. More information can be found on their website.
About the Arizona Commerce Authority
The Arizona Commerce Authority (ACA) is the state’s leading economic development organization, focusing on strengthening Arizona’s economy. The ACA’s strategy involves attracting out-of-state companies, aiding existing businesses to expand, and supporting entrepreneurs in creating new businesses within Arizona. For further information, visit the ACA on their website or follow them on Twitter @azcommerce.
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