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StandardAero

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StandardAero

StandardAero, Inc. is an American maintenance, repair and overhaul (MRO) provider based in Scottsdale, Arizona. The company is not related to Standard Aircraft Corporation, which was formed in 1916 and ceased operations in 1931 as New Standard Aircraft Company.

The predecessor to StandardAero was formed in 1911 in the city of Winnipeg, Manitoba, Canada, as Standard Machine Works. The company was founded by William S. Bickell and Charles F. Pearce as a small automotive engine repair shop.

StandardAero was formed in 1937 as an offshoot of Standard Machine Works and become fully independent in 1940. Standard Machine Works still operates as a separate entity in the west-end neighbourhood of Winnipeg, Manitoba.

In 1953, StandardAero had sales of $1 million and 105 employees.

The Federal Grain Company of Winnipeg reached an agreement to purchase the shares of Standard Aero Engine Limited for more than $2 million in September 1968. Then Federal Grain Chairman A.S.Leach said the agreement “was the result of Federal Grain’s program to diversity and broaden its economic base…” StandardAero employed about 460 people at the time.

Federal Grain sold its grain assets in 1972 and its remaining assets, including StandardAero, were held by its successor Federal Industries Limited. By 1973, under Federal Industries, sales were $19 million and the company had 600 employees. In 1974, the company overhauled piston engines for aeroplanes and turboshaft engines for helicopters. The company had expressed an interest in expanding its services to include jet engines.

StandardAero was sold by Federal Industries to the Montreal-based firm Avcorp for $124 million in 1987. In May 1987, Avcorp sold StandardAero's general aviation distributing business for $20 million to Aviall. Aviall is now owned by Boeing.

StandardAero was sold again two years later in 1989 to the British firm Hawker Siddeley Group plc for $103 million.

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