StandardAero Opens Expanded Augusta Facility to Increase Business Aviation MRO Capacity

StandardAero Inc. (NYSE:SARO) is one of the best IPO stocks to buy and hold for 3 years. On August 28, StandardAero celebrated the grand opening of a major expansion to its business aviation maintenance, repair, and overhaul/MRO facility at Augusta Regional Airport/AGS in Augusta, Georgia. The expansion represents a 60% increase and adds 80,500 square feet to the existing campus, which brings the total size to 210,000 square feet.

The project is expected to increase the company’s capacity to serve business aviation operators in North America and beyond, while creating ~100 new technically skilled jobs in the region. The expansion adds new hangar and engine shop space, advanced avionics capabilities, and improved customer amenities. This investment will also increase the MRO capacity for the Honeywell HTF7000 engine, for which StandardAero is the exclusive independent heavy overhaul provider licensed by the OEM.

StandardAero Opens Expanded Augusta Facility to Increase Business Aviation MRO Capacity

While airframe maintenance services are already being performed in the new hangar, the new engine shop is expected to be fully operational in the first half of 2026. StandardAero is actively hiring to support its expanded operations and currently employs ~175 people at the Augusta facility and ~7,700 worldwide.

StandardAero Inc. (NYSE:SARO) provides aerospace engine aftermarket services for fixed and rotary wing aircraft internationally. It has 2 segments: Engine Services and Component Repair Services.

While we acknowledge the potential of SARO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SARO and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.