MGT Group, an independent landing gear and hydraulic components distributor, is planning on further investment in its parts programs following its short move up the Florida coast last month.
The company has moved into a new 8,000 square foot facility in Pompano Beach, around 10 miles north of its existing site in Fort Lauderdale.
Covering the Americas and Asia regions, the Florida hangar is one of two facilities operated by MGT globally, with the other located in Toussus-le-Noble, France to serve the Europe and Africa markets.
The move to expand in the U.S. was driven by a need for greater capacity, according to Olivier Mongenot, president of MGT. “We needed more office space since we will be adding new people to our sales team,” he says.
“We also needed more warehouse space as we are actively increasing our inventory and also plan on adding bigger landing gear components to our inventory and we needed to increase our stocking capacities.”
Having grown its capacity, along with plans to add to its workforce through the recruitment of two warehouse associates and a couple of sales personnel, MGT will also develop its spares capabilities across the business on some of its existing programs in 2018.
These programs include the Airbus A320 family, which MGT stocks in excess of 4,000 parts for, the A330, the Boeing 737 and ATR 42 and 72 regional aircraft.
Another development will be the sale of landing gear conduit assembles for the 767 and 747, the result of an agreement signed with Zodiac Aerospace earlier this year.
Mongenot says MGT plans on investing in larger components in order to develop an exchange program, while also aiming to increase direct support to airlines and aircraft operators and forge greater links with OEMs such as Airbus.