APOC views the US as a strategic market and is shaping the business to align with future growth in the region.
APOC recently expanded its local services for the Americas region by opening its new US headquarters in Miami.APOC views the US as a strategic market and is shaping the business to align with future growth in the region. As APOC’s Senior Vice President of Business Development, Kevin Wall will oversee both the organic and inorganic growth of APOC throughout North and Latin America in particular. APOC has developed not only its teardown business for A320/B737 but has also built an ever-growing presence in engine leasing & trading as well as landing gear leasing & trading.
Kevin Wall said, “Being close to your customer base and forging productive relationships with business partners are key elements for success. While we are in a truly global industry, there is no substitute for an experienced and professional local team that is willing and able to help. We see great potential to expand this business. We have already performed several teardowns in the region and see big potential in developing this further. If we source candidate aircraft in the US and ultimately sell the material here, it makes a lot of sense to tear down here too.”
APOC is currently exploring many options through cooperation, joint venture, investment or acquisition, and the reaction from the market to APOC’s presence in the US has been very encouraging. Doing business is simpler with a local presence and flexible local solutions can be devised for customers.
Wall adds, APOC’s Miami warehouse which opened last year is still in its early stages. “We have recognized the need to have stock locally as we strive to be a valued service provider. Fast-moving parts will be stored in our MIA facility and as we adapt to the needs of our customers, we will increase capacity in MIA. We expect rapid growth leading to a quadrupling of inventory held locally within the next 6 months. The US market is huge for us. As a young company, we traditionally based our stock locally in Europe and traded globally from there. That doesn’t work in a global environment anymore. We see the need to expand and be the guy next door. We have chosen Miami as our Americas hub for good reason. Access to the Latin American market is key and Miami has been long recognized as the gateway to Latin America. By partnering with logistics experts to minimize cost and lead time we aim to be there for our Latin American friends. The post-COVID era recovery in many Latin American countries lags behind other regions. That’s where APOC with its access to used serviceable material (USM) can make a difference. Cash is king in the current aviation environment and operators are seeing USM as an efficient way to stretch maintenance budgets. For many, large inventories are a thing of the past. You buy it only when you need it. That’s when you need a solid partner, like APOC.”
CEO, Max Lutje Wooldrik said, “Teamwork & technology is what makes APOC different. Top-quality innovative solutions providing cost-effective used serviceable material where and when you need it.”
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Thus we see there is a strong reason for APOC’s decision to choose Miami as the first step in its global footprint expansion program making further investments in the US is highly likely for APOC.
