Growing Global Presence
Following its acquisition by private equity firm Tiger Infrastructure Partners at the end of 2022, International Aerospace Coatings (IAC) plans to open a new widebody paint hangar at Teruel Airport in Spain, which will be the first facility at the airport to offer paint services. The facility will create up to 80 jobs once it is fully operational, which is planned for the third quarter of 2023. With headquarters in Shannon, Ireland, a U.S. base in Irvine, California, and 18 hangars across locales in Europe and the U.S., IAC is meeting the soaring post-pandemic demand for painting services around the globe.