Aircraft engine and advanced machinery manufacturer Hanwha Aerospace has announced plans to establish its headquarters of the International Engines Business in Connecticut.
The decision to expand Hanwha Aerospace’s presence in the state reinforces its commitment to the ongoing innovation and growth in the region, the company said.
The International Engine Business is a global division of Hanwha Aerospace with sites in South Korea, Vietnam, and the United States.
The International Engine Business has more than 1,600 global employees, with over 600 based in the state of Connecticut.
The new International Engine Business headquarters will serve as a hub for global operations, enabling Hanwha to better engage with its valued customers, stakeholders, and partners.
Hanwha Aerospace ‘centre of excellence’
The company says it will be better positioned with this strategic location to drive improved performance of the company’s global supply chain and develop a centre of excellence for the company’s engineering and technology investments.
“Our decision to establish the International Engines Business Headquarters in Connecticut underscores Hanwha’s unwavering commitment to the US market” said Jae-iI Son, CEO and president of Hanwha Aerospace.
“Through this strategic move, we will be able to better serve our key customers, expand our customer base, and solidify our position in the aerospace and defense industries. Furthermore, our expansion in Connecticut demonstrates our strong relationship with the state and our intention to strengthen these ties.”
“Hanwha has been in the Connecticut market for years,” said Governor Ned Lamont.
“They have found the skilled workforce they need, and they have been successful at expanding their business here. We are thrilled that Hanwha is thriving in Connecticut, and we are thrilled with their decision to further invest in our state again to become an even bigger part of Connecticut’s aerospace economy.”
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