subscribe: Posts | Comments | Email

Happy Holidays from Supply Chain Matters

Comments Off

On behalf of myself and our Supply Chain Matters team, I would like to extend our sincere best wishes for a joyous upcoming Holiday Season and happy and rewarding New Year. May you enjoy the warmth, peace and love of family and friends. We share for your enjoyment, a holiday commentary from U.S. National Public Radio (NPR) that reports on what supply chain resources Santa Claus would need to deliver his holiday presents. While we will be spending time with family and friends, Supply Chain Matters will be publishing live commentaries during the week from the Christmas holiday through New Year’s Day.  There are lots of supply chain developments underway including the threat of an U.S. East coast dock strike.  We will also complete our deep-dives into our various 2013 Predictions for Global Supply Chains. Best Wishes to All. Bob Ferrari

General Electric Acquires Avio to Insure Aerospace Supply Chain Continuity

Comments Off

General Electric announced that it has agreed to purchase the aviation business of aerospace propulsion components provider Avio S.p.A for $4.3 billion (€3.3 billion). This deal was orchestrated by GE’s Aviation Group.   Avio is a supplier of low-pressure turbine systems, gearboxes, geared systems, combustors and other components. The transaction is still subject to regulatory approvals. This is another example of a large global provider, GE Aerospace in this case, acquiring one of its major suppliers, who has been a supplier to GE Aviation since 1984.  The deal is touted as strengthening GE’s supply chain capabilities as well as opening up broader opportunities to supply components to both aerospace and other industries.  GE was also willing to pay a hefty 8.5 multiple based on 2012 earnings. Business media is reporting that this deal was in the making for the past 18 months.  The agreement calls for Avio to become the headquarters […]