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Able Engineering and Component Services Wins 2011 International Business Award for Excellence

 PHOENIX, Ariz., October 3, 2011 – Able Engineering & Component Services has been named Arizona’s outstanding international business.

The Phoenix Committee on Foreign Relations presented its 2011 International Business Award for Excellence in Global Business to Lee Benson, CEO of the Able Group of Companies, during the Committee’s International State of the State luncheon Sept. 26. Able provides cost-effective repair and overhaul support to commercial and military fixed-wing aircraft fleets and commercial and military helicopter fleets

The International Business Award acknowledges achievement in global outreach and market collaboration by an Arizona business, measured by significant export activity.

Benson, who accepted the award on behalf of Able’s 300 employees, said, “The Able team is honored by the Committee’s recognition of our achievements in the global marketplace.”

Driven by a clear mission to reduce aircraft operating costs, Able utilizes a “captive shop” strategy to keep all work in house, with little or no outsourcing. “Because we provide exceptionally efficient component repairs, overhauls and replacement parts, Able is best value alternative for overseas customers, even in China where labor costs are a fraction of ours.”

International activity comprises about a third of Able’s annual sales and has maintained this level after growing 24 percent in the last year.  The keystone of Able’s plans for 300 percent growth over the next five years is a new 191,000-square-foot repair, overhaul and production facility and hangar at Phoenix-Mesa Gateway Airport. Construction is slated to begin in 2012.

Able Engineering & Component Services is a unit of the Able Group of Companies, headquartered in Phoenix.


FOR MORE INFORMATION, PLEASE CONTACT:

Ed Mongiovi, Vice President of Marketing

Able Group of Companies

2920 East Chambers Street

Phoenix, AZ 85040

Phone:  1-602-304-1227

info@ableengineering.com

 

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