Aviall Services Inc. in July will begin construction on two additions to its central warehouse facility and headquarters at Dallas/Fort Worth International Airport.
The construction will double the size of its 325,000-square-foot complex. As part of the expansion, Aviall will build a new 75,000-square-foot building north of its current airport location and add about 250,000 square feet of space to its existing warehouse and distribution facilities. Aviall Services, a Dallas-based provider of new aviation parts, aftermarket sales, supply chain management and related services for the aerospace industry, expects the projects to be completed by January 2007. Aviall opened its current headquarters in 2001 near the intersection of Interstate 635 and North Royal Lane on D/FW Airport property. Dan Komnenovich, president and COO for Aviall Services, said six consecutive years of record sales prompted the need for more space. Aviall’s 2005 sales reached $1.295 billion, up $131 million, or 11 percent, from 2004. Aviall has recruited Dallas-based Hillwood to develop and construct the new facilities. Aviall is being acquired by Chicago-based The Boeing Co. (NYSE: BA) in a $1.7 billion deal. The transaction is expected to close by the end of this year’s third quarter. Web sites: www.aviall.com and www.hillwood.comNews Article | 7/17/2006