The post TDM Aerospace Welcomes Boeing Leadership to Celebrate 737 Package Signing appeared first on TDM Aerospace.

TDM Aerospace is taking part in the 15th edition of AeromartTLS24, a key event for networking, innovation, and aerospace excellence in the heart of Europe’s aerospace capital.

The post TDM Aerospace is taking part in the 15th edition of AeromartTLS24 appeared first on TDM Aerospace.

The post TDM Aerospace’s participation in the MarrakechAirshow2024 appeared first on TDM Aerospace.

Adel BIDAOUI joins TDM following a distinguished 22-year career at Group Le Piston Français (GLPF). During his tenure there, he progressed through the ranks to eventually reach the position of General Manager of both the Moroccan and French subsidiaries, andeven Project Director at the Group level. He was appointed member of the executive board of GLPF.

More recently, he established from ground up a cutting-edge production unit in Midparc Casablanca, that is the first of its kind in Morocco to manufacture circular parts for aircraft engines. In this capacity, he served as the Managing Director of the unit, overseeing its 100 employees, and successfully expanded GLPF’s client portfolio to encompass prominent AngloSaxon clients.

With his background in operations and optimization, he is uniquely qualified to lead TDM in its next stage characterized by high-rate production, continuous improvement, and innovation. Mr. Bidaoui reports directly to the chairman of TDM’s board of directors.

TDM’S co-founders, Lou Winoski and Juergen Viehrig, have joined MAIC Gestion, the investment management arm of the Moroccan Aerospace Investment Company (MAIC), as Chief Strategy Officer and Chief Technology Officer, respectively. As such, they will remain active within TDM and will replicate the successful TDM formula for new aerospace investments in Morocco.

According to the co-founders, “Adel’s appointment marks a milestone in the maturation of TDM Aerospace. With our investor-partners and a team now numbering over 90, we have proven that ‘Made in Morocco’ with Moroccan-ownership and leadership is a winning formula for our aerospace customers.”

Majid Benmlih, chairman of TDM and MAIC Gestion added, “We congratulate Lou and Juergen on their achievement and welcome them to our team. Their addition allows us to rapidly build on the success of the TDM model, bringing supply chains to Morocco and filling critical aerospace capability gaps with sustaining value to our customers.”

About TDM Aerospace

TDM is the first Moroccan-owned company to earn a Tier 1 contract with an aerospace Original Equipment Manufacturer (OEM). TDM is a best-value, high-velocity enterprise producing metallic tube and duct fabrications in a new, purpose-built facility located in Midparc Casablanca Free Zone at Mohammed V airport. TDM is also establishing a focused supply chain in Morocco to support its operations.

About the Moroccan Aerospace Investment Company (MAIC)

MAIC is Morocco’s first-ever Aerospace Investment Fund. Established in 2017 to fulfill the promise of Morocco’s MOU with the Boeing Company, MAIC’s first investment was in TDM Aerospace. Its incorporation as a “company,” not a “fund” suggests our long-term view to acquire financial interests in manufacturing and services entities, promoting Moroccan equity participation in the Kingdom’s growing aerospace industry, to fill capabilities gaps while yielding long-term, sustainable value and exceptional returns.

The post TDM Aerospace Appoints New Chief Executive Officer appeared first on TDM Aerospace.

Founded by US-based Homeric Enterprise Engineering (H2E) and funded by the Moroccan Aerospace Investment Company (MAIC), TDM is the first Moroccan-owned company to earn a Tier 1 contract with an aerospace Original Equipment Manufacturer (OEM).  TDM is a low-cost, high-velocity enterprise which will produce metallic tube and duct fabrications in a new facility located in Midparc Casablanca Free Zone at Mohammed V airport. TDM is also establishing a focused supply chain in Morocco to support its operations.

According to Hicham Chraibi, president of MAIC, “TDM’s success represents a new era in Morocco’s aerospace industry development characterized by Moroccan ownership.” Designated by Morocco’s Ministry of Industry, Trade, Investment and the Digital Economy as a flagship enterprise in its Stage 2 aerospace industry development, TDM joins a community of some 130 aerospace companies doing business in the Kingdom.  Juergen Viehrig, chief executive officer of TDM remarked, “TDM is honored to become a member of Boeing’s supplier team and of the community of world-class aerospace companies already operating in Morocco.”

Process and product qualification are scheduled for mid-2019 with production parts available in first quarter 2020. 

The post TDM Aerospace signs long-term agreement with Boeing appeared first on TDM Aerospace.

Under the terms of the deal, Messrs. Winoski and Viehrig sold a majority of the company to MAIC, retaining equity and seats on the board.  Over the next three years, the entrepreneurs from America and Germany aim to secure a Boeing contract to produce tube and duct fabrications and establish production operations in the Midparc Free Zone at Mohammed V airport.

The state-of-the-art facility will feature latest lean manufacturing technologies, employing over 200 and generating more than $50 million in exports in its first stage.  The company’s plan is scalable to 900 employees and over $200 million in its first stage footprint.

The post Investors found TDM Aerospace in Morocco appeared first on TDM Aerospace.