NMRMC receives $2.6M investment in recovery assistance

Chanute Tribune staff

In the midst of providing the community with COVID-19 vaccinations this week, Neosho Memorial Regional Medical Center is doing cartwheels.

“We’re so excited,” said Anna Methvin, NMRMC Foundation director.

The US Department of Commerce’s Economic Development Administration (EDA) announced Thursday that it was awarding a $2.6 million CARES Act Recovery Assistance grant to NMRMC to establish the Southeast Kansas Impact Center for Wellness, Education and Business. This EDA grant, to be matched with $650,000 in local investment, is expected to create 256 jobs and generate $45 million in private investment.

“The awarding of these grant funds comes with sincere appreciation of our state and local partners in this project. This was truly a group effort and we are honored to have been selected,” Dennis Franks, NMRMC CEO, said. 

The center will house a workforce training center.

“The Economic Development Administration is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the coronavirus pandemic,” said Dennis Alvord, Acting Assistant Secretary of Commerce for Economic Development. “The new Southeast Kansas Impact Center for Wellness, Education, and Business will house a workforce training center that will be run in partnership with local businesses and clinic and telehealth facilities that will allow NMRMC to meet rapidly growing telehealth provider needs.” 

“We must use every tool at our disposal to rebuild a healthier, stronger Kansas following the COVID-19 pandemic,” said Governor Laura Kelly. “This grant will strengthen the local economy in Chanute and support the telehealth and workforce training needs in southeast Kansas by adding 256 new jobs and $45 million in private investment.”

Other legislators are pleased with the project, too.

“This grant is an investment in the people and economy of southeast Kansas, creating hundreds of jobs, improving telehealth services and providing important resources for workforce training,” said Senator Jerry Moran, R-Kan. “Thank you to the Neosho Memorial Regional Medical Center for leading the charge on this initiative and the many healthcare providers and local businesses willing to work in partnership to bring this project to a reality. As the lead Republican on the Appropriations Subcommittee on Commerce, Justice, Science and Related Agencies, I will continue to support the ongoing and critical mission of the Economic Development Administration to assist the economic activity of our communities, especially during this pandemic.”

The EDA grant will assist in the demolition of the existing, blighted former tuberculosis hospital located adjacent to NMRMC and the construction of the new Impact Center on the site. 

This project was made possible by the regional planning efforts led by the Southeast  Kansas  Regional Planning Commission, which EDA funds to help bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment, and create jobs. Some of the many people and organizations instrumental in this grant application include Gov. Kelly, Lt. Gov. David Toland, Senator Moran, Former Senator Pat Roberts, the Neosho County Commission, the City of Chanute, Charlie Newell of Orizon Aerostructures, Dan Mildfelt of Community National Bank & Trust, Alison Mih, P.E., Matt Godinez with Chanute Regional Development Authority, Susan Galemore, SEK Regional Planning Commission, Ross Hendrickson, MRH Insurance Group, the NMRMC Board of Trustees, and the NMRMC Foundation, to name a few.

This project is funded under the Coronavirus Aid, Relief, and Economic Security (CARES) Act (Public Law 116-136), which provided EDA with $1.5 billion for economic assistance programs to help communities prevent, prepare for, and respond to coronavirus. EDA CARES Act Recovery Assistance, which is being administered under the authority of the bureau’s flexible Economic Adjustment Assistance (EAA) program, provides a wide-range of financial assistance to eligible communities and regions as they respond to and recover from the impacts of the coronavirus pandemic.

https://www.chanute.com/news/article_e24e5074-77d7-11eb-863f-bf6a7890f698.html?utm_medium=social&utm_source=email&utm_campaign=user-share

More info on NMRMC:

https://www.nmrmc.com/about/newscenter/2.6-million-CARES-Act-Recovery-Assistance-Grant-Awarded-to-NMRMC_160487.aspx

About Orizon Aerostructures

Orizon manufactures large complex structural components, provides metal finish processing and fabricates major sub-assemblies for leading airframe manufacturers in the commercial aerospace, defense, space and general aviation industries. The company’s investments in digitized systems/software, proprietary engineering/ programming techniques, advanced machine tools, and automated assembly technologies provides affordable solutions for the largest Aerospace and Defense manufacturers in the world. Orizon is headquartered in Kansas City, Missouri, with HUBZone Certified facilities in Kansas, Oklahoma and Missouri.

More information can be found at the company’s website:

orizon.wpengine.com

 

Media Contact:

Deb Poe

816-788-7803

American Industrial Partners Makes Investment in Orizon Aerostructures

Kansas City, Missouri. On December 28th, 2020, American Industrial Partners (“AIP”) invested $50 million of capital into Orizon Aerostructures, LLC (“Orizon” or the “Company”) to further enable growth and the execution of the Company’s long-term business strategy.  Founded in 2016 by entrepreneurs Charlie Newell and Henry Newell, Orizon is a market leader in the manufacturing, processing, and assembly of complex aerostructure components for both commercial and defense applications that has significant content on the industry’s highest-profile platforms, including the F-35 and 737.  Since its founding, the Company has assembled one of the industry’s top leadership teams and has built four world-class facilities that contain the industry’s most technologically advanced engineering and machining capabilities.  AIP’s investment consists of both a loan and equity component and provides Orizon with significant additional liquidity and financial flexibility moving forward.

“Given their long track-record of partnering with management teams to build great companies in the industrial economy, we believe AIP will be a value-added partner to Orizon and we look forward to the partnership and additional capital to assist with our customer’s needs,” says Charlie Newell, CEO of Orizon.

“We are very excited to partner with Charlie, Henry and the entire Orizon team,” says Joel Rotroff, a Partner at AIP.  “We believe they are one of the best positioned companies in the aerostructure universe and expect that our engineering and operating expertise will benefit Orizon as they continue to lead with innovation, providing their customers with value-added solutions, while they carry on with their goal to always delivery a quality product on time.”

The equity investment comes from AIP’s flagship Fund VII, while the loan tranche was originated by Industrial Credit Partners (“ICP”), a specialty finance affiliate of AIP established in 2020 to make direct non-control debt investments in industrial companies.  ICP looks to invest $50 million – $300 million in complex situations where it can be a value-added partner.  For more information on ICP, please contact Abbas Elegba (Partner, Credit & Special Situations Business Development) at (917) 838 0225 / abbas@americanindustrial.com.

About American Industrial Partners

American Industrial Partners is an operationally oriented private equity firm that investments in industrial businesses serving domestic and global markets. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. To date, AIP has completed over 100 transactions and currently has more than $7 billion of assets under management on behalf of leading pension, endowment and financial institutions. For more information on AIP, visit www.americanindustrial.com

 

About Orizon Aerostructures

Orizon manufactures large complex structural components, provides metal finish processing and fabricates major sub-assemblies for leading airframe manufacturers in the commercial aerospace, defense, space and general aviation industries. The company’s investments in digitized systems/software, proprietary engineering/ programming techniques, advanced machine tools, and automated assembly technologies provides affordable solutions for the largest Aerospace and Defense manufacturers in the world. Orizon is headquartered in Kansas City, Missouri, with HUBZone Certified facilities in Kansas, Oklahoma and Missouri.

 

More information can be found at the company’s website:

orizon.wpengine.com

 

Media Contact:

Deb Poe

816-788-7803

American Industrial Partners Makes Investment in Orizon Aerostructures (prnewswire.com)

Business of the Year Awarded to Orizon Aerostructures

Chanute Chamber awards Orizon Aerostructures, Business of the Year

Chamber President Scott Cunningham presented the 2019 Business of the Year Award to Orizon Aerostructures.

The Business of the Year Award recognizes an outstanding business or industry that has made contributions in the following areas:  longevity of business, contributions to community, growth in sales/size/# of employees, economic impact, job creation, innovation/creativity, new/expanded product lines.

In five-short years, the company boasts a 225,000 square-foot assembly and processing workspace, and with plans to open an additional 120,000 square-foot building later this year.

Excerpt from the Award Narrative by President Cunningham:

The conversations and planning began in 2015. Now, 5 years later, there is 225,000 square feet of assembly and processing workspace in place with another 120,000 square feet to open this year.
Orizon Aerostructures in Chanute provides assembly, processing and warehousing for aviation parts. Orizon supplies complex structural components and major sub-assemblies for leading airframe manufacturers in the commercial aerospace, military fixed wing rotorcraft, missile/ground support and general aviation industries. Companies using Orizon manufactured parts include Spirit AeroSystems, Boeing, Northrop Grumman, Lockheed Martin and, coming soon, Airbus.

Chanute competed with 48 other cities to bring Orizon to their town.

When the competition was over, CEO Charlie Newell said, “Chanute was the right choice for us because of Chanute’s proximity to our existing facilities, the ability to assist with our hiring and training needs and the proven mechanical aptitude and work ethic of the people in southeast Kansas. ”

Not only has Orizon met the expectations of a $65 million investment promised in 2016, it has put its buildings on the tax rolls and the promised 150 employees has now grown to 307. The payroll in Chanute exceeds $15 million annually.

The Orizon campus makes detail parts and assemblies on many of the greatest aero-space products in the world. Their prime-penetrant and paint shop is one of the most modern and efficient processing plants in the world and their new 120,000 square foot assembly plant will require more than 100 new associates over the next few years.
Mr. Newell has talked about the unique partnership with the City of Chanute and other associates in our community and that partnership includes more than the investment in the buildings and employees.

Even before the doors opened and manufacturing began, Orizon Aerostructures looked for ways to be involved in the community. The company quickly became one of the “go to” businesses when volunteers or financial support was needed. They have contributed to numerous local charities such as Main Street Chanute’s Artist Alley, the Chamber’s Blues Blast and USD 413 Foundation. Employees serve on local boards of directors and assist in the Career and Technical Education efforts at Chanute High School.
Corporate leadership understands that being a good community member involves an outstanding commitment to the success of its business along with a commitment to the betterment of the home of its operations.

Orizon Aerostructures has made a difference in Chanute in many ways and we are fortunate to have been the finalist in that search. The Chamber is fortunate to be able to honor Orizon tonight and show our appreciation for their investment in our community.

https://www.chanute.com/news/article_5be03630-59db-11ea-9193-27dccde30a02.html

Orizon Aerostructures Announces their continuing partnership with the City of Chanute, KS

 

On Tuesday September 24th, 2019, Orizon broke ground on a new 120,000 square foot expansion.  This addition will be used for assembling a significant section of the Boeing 737 fuselage for Spirit AeroSystems. Subject to meeting defined employment guidelines, the City of Chanute has promised to provide economic benefit which will assist Orizon expand their aerospace presence in Chanute.

When complete, the Orizon – Chanute Campus will include one of America’s most modern and efficient processing facilities, as well as dedicated assembly facilities.  Presently employing 320 Associates, when the expansion is complete, they expect to employ 420 – 470 employees with total square footage of nearly 300,000 square feet.

“Orizon has a vision is to Build Something Unique; which goes beyond our investments in new buildings, new equipment and advanced technologies.  It is also a unique partnership with the City of Chanute and the talented associates we work with from Chanute and other nearby communities.” said Charlie Newell, CEO for Orizon. “The city has assisted us in finding top notch talent to grow our business, contractors to fill our needs and training programs to bring on new associates. We are sincerely grateful to partner with the City of Chanute”.

In a statement from Chanute Council member Phil Chaney he stated, “What a great win for the citizens of Chanute.  To have a world class company like Orizon wanting to expand and bring even more jobs and opportunity to this area is amazing.  I couldn’t be more excited about what the future holds for them and look forward to many more years of working with them.”

—————–

About Orizon Aerostructures;  Orizon manufactures, processes (metal finishing) and supplies large complex, monolithic metal, structural components and major sub-assemblies for leading airframe manufacturers in the commercial aviation, defense, space and business/general aviation industries. Orizon is headquartered in Kansas City, Missouri., with facilities in Kansas, Oklahoma and Missouri. More information can be found at the company’s website:

orizon.wpengine.com
Media Contact:
Deb Poe
816-788-7803

City Of Chanute Partnership – 9.25.19

Chanute Tribune Press Release 9.27.19

Orizon Receives Transparency Award From Spirit Aerosystems

Daniel McCoy – Reporter, Wichita Business Journal

Several suppliers located in Spirit AeroSystems Inc.’s hometown of Wichita are among the manufacturer’s top suppliers for 2018.

Spirit (NYSE: SPR) recently honored 10 companies for performance at its annual supplier’s banquet in Wichita.

Among the honorees were local suppliers Cox Machine Inc. and Quik Tek Machining LLC, along with Meritrust Credit Union and Axiom Engineering.

“Our success in meeting our customers’ deadline could not happen without world-class partners,” Spirit CEO Tom Gentile said in a press release. “We look forward to collaborating with them in the future as we continue to deliver the best aerostructures to the world’s leading aerospace companies.”

The full list of winning suppliers and their respective categories were:

• Strategic Partner of the Year — Japan-based Nikkiso Co. Ltd.

• Collaboration Values Partner — Cox Machine and U.K.-based GKN Aerospace, which provides Spirit components from its manufacturing facility in Wellington, Kansas.

• Transparency Values Partner — Quik Tek and Orizon Aerostructures Chanute Inc.

• Inspiration Values Partner — Meritrust Credit Union.

• Performance Partner — Taiwan-based Drewloong Precision Inc.

• Emergent Support Partner — Axiom Engineering and California-based Brek Manufacturing Co.

• Indirect Supplier of the Year — Michigan-based DM Tool & Fab Inc.

Click here for original article

Orizon Aerostructures, LLC announces the opening a new facility in St. Louis

Kansas City, MO, February 15, 2018

The aerospace, defense and space exploration markets are experiencing unprecedented growth and the future outlook is extremely positive. In fact, commercial aircraft backlogs and production rates are at all-time highs, the new F-35 Lightning II is ramping to full rate production and private companies have entered the space exploration domain creating a new space race.

Rising production rates and the introduction of new aircraft programs create unique challenges for the industry. In response, Orizon Aerostructures, LLC is opening a new facility in the St. Louis area to reduce the risk of assembly line shut-downs and delays caused by part shortages. This facility will be dedicated to manufacturing complex machined components scrapped during the assembly process, Low Rate Initial Production (LRIP) on development programs, spares for aircraft components no longer in production, components for Aircraft on Ground (AOG) and prototypes for research and development programs.

The new facility will be led by Gary Appleton, Director of Product Development who will assemble a team of highly talented programmers, application engineers, machinist and quality engineers who have a long history in aerospace and defense. More importantly, they have developed unique processes to rapidly on-board complex components and deliver a quality product in hours/days versus weeks and months. “Gary and his team have a successful track record of engineering, programming, machining, and delivering complex machined components with world-class speed,” said Orizon President Henry Newell. “We are thrilled to have this team of highly skilled and talented individuals available to support our customers increasing need for fast, flexible and reliable turnaround times.”

About Orizon Aerostructures
Orizon manufactures and supplies large complex, monolithic metal, structural components and major sub-assemblies for leading airframe manufacturers in the commercial aviation, defense, space and business/general aviation industries. Orizon is headquartered in Kansas City, Missouri., with facilities in Kansas, Oklahoma and Missouri. More information can be found at the company’s website:
orizon.wpengine.com
Media Contact:
Deb Poe
816-788-7803
###

Orizon announces St.Louis location 2.15.18

Orizon recognized by Northrop Grumman for Supply Chain Excellence

Kansas City, MO, March 10, 2017 – Orizon Aerostructures selected by Northrop Grumman (NYSE:NOC) to receive the Innovation Award for exceptional performance.

Orizon was chosen to receive the Innovation Award by Northrop Grumman. This award recognizes suppliers that create value for their business through product and service innovation, quality, cost savings, supplier diversity and sustainability.

The Supply Chain Leadership Council recognized Orizon on Tuesday February 14th, 2017 at their supplier recognition awards banquet. “We are proud to have the opportunity to work for Northrop and honored to be recognized as an exceptional and valued supplier,” said Orizon CEO Charles Newell. “We look forward to growing our relation as a strategic, trusted, and aligned partner with Northrop.”

About Orizon Aerostructures
Orizon manufactures and supplies large complex, monolithic metal, structural components and major sub-assemblies for leading airframe manufacturers in the commercial aerospace, military and defense, and general aviation industries. Orizon is headquartered in Kansas City, Mo., with facilities in Kansas, Oklahoma and Missouri. More information can be found at the company’s website:

orizon.wpengine.com
Media Contact:
Deb Poe
816-788-7803
###

Orizon – Northrop Grumman supplier award Press Release Final 1.24.17

Orizon Aerostructures acquires Spirit AeroSystems’ Chanute Operations

Newly formed Orizon Aerostructures has signed an agreement to purchase Spirit AeroSystems’ Chanute operations, expanding on its June announcement to establish an aerospace manufacturing facility in Chanute, Kan. As part of the agreement, Spirit’s Chanute statement of work will transition under the new company name Orizon Aerostructures – Chanute, Inc. Current Spirit employees in Chanute will transfer to Orizon as part of the divestiture. The transaction will take effect Sept. 30, 2016.

“On behalf of all of the associates of Orizon, we are grateful for the opportunity to purchase Spirit’s Chanute facility and expand our investment in this region,” said Charlie Newell, CEO for Orizon. “Making this transaction a ‘win’ for the City of Chanute was a priority for both Spirit and Orizon, and we are confident this transaction will create many new jobs. Further, that all of our customers will benefit from the work ethic and mechanical aptitude of the people of Southeastern Kansas.”

“This agreement aligns with our fabrication strategy and will allow Spirit to better serve its customers through improved efficiencies while ensuring Spirit employees in Chanute transition to Orizon Aerostructures,” said Ron Rabe, Spirit’s senior vice president for operations. “The Spirit Chanute divestiture presents an opportunity for Orizon to grow its aerospace operations as part of Spirit’s supply chain. We wish Orizon success in this venture and look forward to working with them along with the City of Chanute and the Kansas Department of Commerce to make this a smooth and successful transition.”

About 35 Spirit employees are currently working at the Spirit Chanute site.

About Orizon Aerostructures
Orizon manufactures and supplies complex structural components and major sub-assemblies for leading airframe manufacturers in the commercial aerospace, military and defense, and general aviation industries. Orizon is headquartered in Kansas City, Mo., with facilities in Oklahoma, Kansas and Missouri. More information can be found at the company’s website: orizon.wpengine.com

Media Contact:
Deb Poe
816-788-7803

Click here to download the press release

Orizon Aersostructures announces intent to purchase Spirit AeroSystems’ Chanute Operations

Newly formed Orizon Aerostructures has signed an agreement to purchase Spirit AeroSystems’ Chanute operations, expanding on its June announcement to establish an aerospace manufacturing facility in Chanute, Kan. As part of the agreement, Spirit’s Chanute statement of work will transition under the new company name Orizon Aerostructures – Chanute, Inc. Current Spirit employees in Chanute will transfer to Orizon as part of the divestiture. The transaction will take effect Sept. 30, 2016.

“On behalf of all of the associates of Orizon, we are grateful for the opportunity to purchase Spirit’s Chanute facility and expand our investment in this region,” said Charlie Newell, CEO for Orizon. “Making this transaction a ‘win’ for the City of Chanute was a priority for both Spirit and Orizon, and we are confident this transaction will create many new jobs. Further, that all of our customers will benefit from the work ethic and mechanical aptitude of the people of Southeastern Kansas.”

“This agreement aligns with our fabrication strategy and will allow Spirit to better serve its customers through improved efficiencies while ensuring Spirit employees in Chanute transition to Orizon Aerostructures,” said Ron Rabe, Spirit’s senior vice president for operations. “The Spirit Chanute divestiture presents an opportunity for Orizon to grow its aerospace operations as part of Spirit’s supply chain. We wish Orizon success in this venture and look forward to working with them along with the City of Chanute and the Kansas Department of Commerce to make this a smooth and successful transition.”

About 35 Spirit employees are currently working at the Spirit Chanute site.

About Orizon Aerostructures
Orizon manufactures and supplies complex structural components and major sub-assemblies for leading airframe manufacturers in the commercial aerospace, military and defense, and general aviation industries. Orizon is headquartered in Kansas City, Mo., with facilities in Oklahoma, Kansas and Missouri. More information can be found at the company’s website: orizon.wpengine.com

Media Contact:
Deb Poe
816-788-7803

Click here to download the press release