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Leading aerospace licensor and manufacturer , ONTIC , has skyrocketed to success over the past 12 months . The company has seen major geographical expansion and considerable growth across all markets since 2022 , as Chief Executive Officer , Gareth Hall , reveals : “ It ’ s been a huge year for us . We now have seven sites , and we predict that the business will be almost three times the size it was in 2019 by the end of this year .
“ In the last 12 months , we ’ ve deployed close to $ 200 million worth of capital , bought additional product lines , and seen really momentous growth . It ’ s also been a period of significant change within the business . We ’ ve positioned ourselves well so that the company can continue to grow . However , we ’ re not taking the past years ’ success and using it to rest back on our laurels . We ’ re looking for further opportunities , and always pushing the envelope in terms of what we can do next .”
A strong focus on people and process has helped put ONTIC on the map as one of the biggest international aerospace component manufacturers . As Brian Sartain , Chief Operational Officer at ONTIC , discusses : “ I ’ ve been in the industry for about 30 years now , and in that time , I ’ ve worked for major players such as United Technologies and Goodrich Aerospace . Now , at ONTIC , I ’ m witnessing a really striking pace of growth . Not only are sales three times what they were just a few years ago , but the company ’ s footprint has expanded rapidly . We ’ ve got a new facility in
Our ultimate goal is to double the size of the business again . Growth on that scale requires a lot of hard work and preparation
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