Triumph Composite Systems in Airway Heights plans to close its airplane parts factory in the summer of 2022 amid financial turmoil in the aerospace industry.
The closure is expected to vacate more than 130 aerospace jobs for the company, which built components for Boeing jets.
“Due to significant production rate reductions to our core business and the impact of COVID-19 on the commercial aviation market and travel industry, we have reached a point where it is no longer viable for Triumph to continue” at the local factory, company spokesman Abe Kim wrote in a statement. The company “therefore made the difficult decision to start the process of closing the site.”
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