Cornerstone Capital Holdings acquired Walbar Engine Components, a leading manufacturer in the aerospace sector, to enhance its operations and market reach in the industry.

Information on the Target

Walbar Engine Components, accessible at www.walbaraero.com, is a prominent manufacturer specializing in the production of hot section blades, vanes, and associated components utilized in both aircraft and industrial turbine engines. On September 9, 2016, the company was acquired by Cornerstone Capital Holdings from UTC Aerospace Systems, a division of United Technologies. With a state-of-the-art manufacturing facility spanning 70,000 square feet located in Guaymas, Mexico, Walbar is poised for enhanced operational capabilities and growth. Following the acquisition, the company will establish its corporate headquarters in Tempe, Arizona.

Walbar’s advanced product offerings cater to a diverse clientele, including various blue-chip companies in the aerospace sector. The strategic decision to enhance their operational base and leadership structure under Cornerstone Capital aims to bolster Walbar's position in the aerospace market.

Industry Overview in Mexico

The aerospace industry in Mexico has experienced significant growth in recent years, driven by international investments and a skilled labor force. As one of the top manufacturing hubs in Latin America, Mexico has established itself as a prime d