Development of the aerospace business supply chain underway

Pridco, Tuesday, March 3, 2015
February 26, 2015 – San Juan, Puerto Rico – After the business meeting held last December in which Lufthansa Technik Puerto Rico presented their needs for services and materials for their project in Aguadilla, 209 companies- mostly local, small and medium enterprise (SME)- identified business opportunities with the company.  This resulted in 316 information profiles that Lufthansa Technik received through the efforts channeled by the Puerto Rico Trade and Export Company (CCE) and the Puerto Rico Industrial Development Company (PRIDCO). These documents come as a result of the Request for Information (RFI) that Lufthansa petitioned to cover its 24 major service needs.
“As the maintenance, repair and overhaul (MRO) project in Aguadilla progresses, the local supply chain continues to take shape, stimulating the multiplier effect of Lufthansa Technik in Puerto Rico” said Antonio Medina Comas, executive director of PRIDCO. “The information submitted by these companies, mostly local SMEs, validates the ability of our business ecosystem to provide support for major international investments.”
Of the 209 companies that submitted their information profiles, 181 are local companies and of these 138 are SMEs. Lufthansa Technik is already evaluating the information packages and has already started to request proposals for priority service areas.  Among the needs identified by Lufthansa Technik at this stage of the project were different services in the areas of human resources, facilities, production machinery and equipment. Lufthansa Technik expects to contract several of these services to the local companies before summer.
Meanwhile, the executive director of CCE Francisco Chévere emphasized that “our main goal in this project has been to provide our companies, especially SMEs, a liaison with Lufthansa Technik to maximize their business opportunities with the company.  Today we see the result of all the efforts made by CCE and PRIDCO to support the development of the Puerto Rican business ecosystem around the MRO in the region of Aguadilla.”
“We were positively surprised about the huge interest in doing business with Lufthansa Technik Puerto Rico”, said Elmar Lutter, CEO of Lufthansa Technik Puerto Rico.  “After the December event we had the feeling that for all our service needs there is a solution in Puerto Rico. After receiving over 300 information profiles, tailored to our needs and supported by CCE and PRIDCO, we are sure that we will be able to contract multiple local companies and grow towards the future.”
The Government of Puerto Rico will continue to promote the local business supply chain for Lufthansa Technik and other aerospace projects throughout a series of orientation events that will be organized with the purpose of maximizing the development of local businesses and at the same time to stimulate the creation of direct and indirect jobs for the region.  During these events, the government will provide guidance on programs and incentives available.
The next orientation event will be held on Thursday, March 26 from 8:00 am to 12:00 noon in El Faro Suites & Conference Center in Aguadilla.