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Columbus company to add 100 jobs in $53 million expansion

Wednesday, July 25, 2007  Contact: Office of Communications 404-651-7774


Precision Components International wins new military contracts


COLUMBUS – Governor Sonny Perdue announced today that Precision Components International (PCI), a major supplier in the aerospace and medical industries, will expand its Columbus facility. The company will create 100 new jobs and invest $53 million in the multi-phase project over the next few years. 

“Georgia’s top-ranked business climate continues to stimulate the growth of innovative companies like PCI,” said Governor Perdue. “The company can count on having access to the skilled workforce and logistics it needs by choosing to expand right here in Georgia.”

PCI produces forged and machined components with a current workforce of 400. The company is expanding its Macon Road facility by 60,000 square feet after winning major military and civilian jet blades contracts.  After participating in a company employee appreciation event, Governor Perdue and company officials took part in a ground-breaking ceremony at the site today.

“This is an exciting day for PCI. The company has flourished in Georgia and we knew we could find the skilled workers we need to expand here,” said Dr. Yair Raz, general manager of PCI. “We very much appreciate the support of the state and the community.”

Precision Components International was formed when Pratt & Whitney and Blades Technology formed a joint venture operation in 1995 to produce precision-forged compressor airfoils for the gas turbine industry. The company re-organized an existing Pratt & Whitney operation in Columbus, and in 1999 expanded its operation to a new state-of-the-art facility located on more than 100 acres.  In the next few years, the operation plans to expand in a multi-year phased program. PCI currently produces components not only for aerospace, but also for power generation, the medical field and golf/recreation industries. The company has experienced annual sales growth in the double digits for the last four years.

PCI owns 100 acres in Columbus and has plans for a defense industry complex capable of housing at least 12 other companies. The company envisions this complex as a cluster location for the defense industry.

“The Precision Components International expansion announcement today creates new jobs and millions in capital investment,” said Mike Gaymon, president of the Greater Columbus Georgia Chamber of Commerce. “Just as PCI is successful at diversifying their customers’ base, the Columbus region is doing the same by ensuring that international companies choose to locate and to expand, creating diversification of our business mix with top quality jobs.”

Precision Components International (PCI) is a subsidiary of Blades Technology International (BTI), headquartered in Nahariya, Israel. BTI also has manufacturing facilities in Nahariya, Israel; Tefen, Israel; and in China. BTI has joint ventures with Rolls Royce and Pratt & Whitney, and over 30 customers world-wide. Ninety percent of the company’s business is in the aerospace and defense industries.