Nordam

NORDAM, or Northern Oklahoma Research, Design, and Manufacturing is an American aerospace company. It concentrates on Interiors, Structures, Nacelle & Thrust Reverser Systems, Repair & Transparency.[1]

History

Nordam was founded in 1969 by Raymond Siegfried.

President and CEO Charles B. Ryan was killed in a plane crash in 2001.[2]

In 2018 Nordam filed for bankruptcy.[2]

In 2018 Nordam halted production of nacelles for the Pratt & Whitney Canada PW800 due to a contract dispute with Pratt & Whitney Canada.[3][4] In order to recover its financial position Nordam sold its nacelles business to Gulfstream Aerospace.

In 2019 Nordam exited bankruptcy through a cash injection from The Carlyle Group which resulted in Carlyle gaining control of 45% of the company.[5][6]

Operations

In 2019 Nordam had 1,800 employees in the Tulsa area and 500 elsewhere.[2]

In 2022 Nordam opened a major MRO facility at Taoyuan which will serve as their regional hub replacing operations in Singapore.[7] The Taoyuan operation is a joint venture with China Airlines.[8]

References

  1. Products & Services NORDAM, retrieved April 10, 2023^
  2. Julie Wenger Watson. NORDAM flies in the face of challenges 50 years after its founding tulsapeople.com, Tulsa People, 25 November 2019, retrieved 27 January 2022^
  3. Matt Thurber. Nordam Halts PW800 Nacelle Production ainonline.com, AIN Online, retrieved 27 January 2022^
  4. Rhett Morgan. 250 affected as NORDAM suspends production of PW800 nacelle system in contract dispute Tulsa World, 5 July 2018^
  5. Jon Hemmerdinger. Nordam emerges from bankruptcy with private equity partner flightglobal.com, Flight Global, retrieved 27 January 2022^
  6. Rhett Morgan. Tulsa-based NORDAM Group exits bankruptcy tulsaworld.com, Tulsa World, 10 April 2019, retrieved 27 January 2022^
  7. Nordam opens aircraft component repair facility in Taiwan journalrecord.com, Journal Record, 26 January 2022, retrieved 27 January 2022^
  8. NORDAM opens new Taiwanese MRO shop asianaviation.com, Asian Aviation, 26 January 2022, retrieved 27 January 2022^