The Australian aerospace company Ferra Engineering will create about 20 jobs as part of plans to open a location in Grove, the company announced Tuesday at the Paris Air Show.
Ferra specializes in the custom design and manufacture of aerospace parts, including air frame and wing components.
The Australian company also produces medical devices for the health care industry and components used to make solar panels and wind turbines.
Ferra will create about 20 skilled jobs at its new Grove location and expects further expansion there in the future.
The company is moving into a 10,000 square-foot space at the city-owned industrial park at the Grove Municipal Airport, Grove City Manager Bill Keefer said.
Ferra is moving into the industrial park in part because of its long-standing business relationship with the Grove-based aerospace company Pride Plating Inc., another business park tenant, Keefer said.
“We are very excited to have them in the community, and there a strong base for aerospace businesses at our airport here,” Keefer said.
The company chose to expand to Oklahoma because of its central location, which will enable it to service customers on both coasts, as well as internationally, Ferra CEO Mark Sherrer said in a statement.
“Oklahoma's competitive cost structure, business friendly environment and strong existing aerospace supply chain made it a natural choice,” Sherrer said.
Gov. Mary Fallin, who is attending the Paris Air Show, joined with Sherrer to announce the expansion.
“Oklahoma is one of the premier destinations for aerospace business in the entire world,” Fallin said in a statement.
“With the experience, expertise and infrastructure in place, we see the potential for even greater growth.”