ARC Aerospace Industries Acquires Maxair Ventures, Inc.

March 31, 2014
Under the terms of the acquisition agreement, Maxair Ventures will be providing PART with logistical support, along with the remarketing of ARC's surplus parts inventories.

PART’s parent company ARC Aerospace Industries, LLC is proud to announce the recent acquired majority interest in Maxair Ventures Inc. Located in Tucson AZ, Maxair Ventures has provided decades of service for the international commercial aviation industry through wide support of aircraft asset management. Under the terms of the acquisition agreement, Maxair Ventures will be providing PART with logistical support, along with the remarketing of ARC’s surplus parts inventories.  Currently ARC owns part inventories from Boeing 767, 757, 747 and 737 aircraft that were previously torn down. This month ARC purchased a Boeing 737-400 and a 767-200 for tear down and part distribution.

David Green, President of ARC, stated, “Maxair management’s many years of aviation experience and extensive industry relationships makes the company an ideal fit for the ARC group’s ongoing efforts to become a one stop premier aviation services provider.