by Tyler Hale
During a ribbon-cutting ceremony today (Nov. 25), a Hot Springs-based aerospace company announced plans to hire 65 new employees to support its new plant expansion.
Radius Aerospace cut the ribbon on its new titanium components plant expansion, which is designed for super plastic forming for titanium. Radius produces fabricated assemblies and components used in aircraft for the military, commercial, general aviation and helicopter markets.
Adding 65 employees to the Hot Springs facility will bolster the total employment to approximately 450 employees. According to the company, there are currently 385 employees at the Hot Springs facility.
“For more than six months, Arkansas Economic Development Commission has worked closely with Radius Aerospace and regional economic development officials to prepare for this announcement,” Governor Asa Hutchinson said. “The strength of our workforce makes Hot Springs an excellent choice for this expansion.”
In addition to the Hot Springs headquarters, Radius Aerospace has U.S. locations in in Phoenix, Ariz.; San Diego, Calif.; Shelbyville, Ind.; and Fort Worth Texas. According to the company’s website, Radius employs more than 1,000 individuals
The expansion and jobs announcement comes on the heels of the company’s recent purchase of fabricating businesses in Sheffield and Shrewsbury, which are located in the United Kingdom. The terms of this transaction were undisclosed.
Radius Aerospace was formerly a division of Triumph Group Inc., a Pennsylvania-based designer and manufacturer of aviation and industrial components, systems and structures. Triumph serves both military and commercial clients, providing fabrication services to component manufacturing.
In April 2019, Arlington Capital Partners created Radius Aerospace after acquiring a division of Triumph Group, which included the manufacturing sites in Hot Springs, Phoenix, San Diego, Shelbyville and Fort Worth.