Katie Arcieri – Triad Business Journal
North State Aviation, an aviation maintenance business at the Smith Reynolds Airport in Winston-Salem that officially began in 2011 with a handful of employees, notified the state that it will permanently close its facility at the Smith Reynolds Airport in Winston-Salem starting this week and lay off 345 people due to an “unforeseeable significant downturn in business.”
Company officials told the state in a WARN (Worker Adjustment and Retraining Notification Act) notice that North State Aviation was not successful in obtaining capital to avoid or postpone “this unfortunate result.”
Gary Smith, CEO of North State Aviation since last year, did not immediately return a reporter’s phone call. Charlie Creech, president of North State Aviation, also did not return a call this morning.
As of 2015, North State was operating six production maintenance lines for United Airlines and had amassed a client list that includes other major aviation customers.
Smith said recently that the firm had been seeing increased competition from maintenance repair and overhaul in areas south of the U.S. border.
North State had become part of the burgeoning aviation sector in the Triad, which is home to major companies — including Honda Aircraft Co. and HAECO Americas — that combined employ thousands of workers.