ST Aerospace invests $73.5 million in newest subsidiary

All Alabama, 20 Dec 2012
Singapore Technologies Aerospace has injected an additional $73.5 million in its rotables subsidiary, bringing the company’s total investment in that fledgling business line to $75 million.
The company announced the infusion of capital Thursday, less than three months after launching the wholly-owned ST Aerospace Rotables, or STAR, subsidiary in a continued bid to address evolving market demands. Rotables are traditionally components that can be repeatedly restored to fully serviceable condition in a cost-effective manner. Full story

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