TEMPE, AZ (August 6, 2024) -Setna iO, a global aftermarket aircraft part supplier, and its sister company Setnix, a premier MRO repair station, today announced the expansion of its aircraft maintenance, repair and overhaul operations with the acquisition of a new facility in Tempe, Arizona.

The newly acquired facility, located at 1345 S. 52nd Street in Tempe spans 112,000-square-feet - over three times the size of the previous 30,000-square-foot location. The new facility will enable Setna iO and Setnix to expand its operations and equipment from 44 served product lines to over 100 within a year, including main engine services. The expansion is set to create more than 130 new jobs and is expected to be fully operational in 2025.

"Accelerating our operations in the new facility is an exciting challenge and a testament to the success we've experienced thus far in Arizona," said Robert James, President of Setnix. "The new space allows us to expand our workforce and capabilities to better support our customers worldwide. As an entrepreneur-led company, we are particularly proud that this expansion will give employees the opportunity to grow alongside us and take on leadership roles within the organization."

"Setnix's expansion in Tempe highlights Arizona's continued aviation industry growth," said Sandra Watson, President and CEO of the Arizona Commerce Authority. "With this new facility, Setnix bolsters Arizona's aviation and aerospace supply chain. We are grateful to Setnix for its continued commitment to Arizona and look forward to supporting their success in Tempe."

"The City of Tempe applauds Setnix's incredible success and rapid growth in the global aviation industry and is excited to continue to serve as the company's home in Arizona," said Tempe Mayor Corey Woods. "Setnix's expansion will offer high-quality job opportunities to many, contributing significantly to Tempe's overall economic health and prosperity. The City is excited to support Setnix during their time of growth and looks forward to their continued success within the Tempe community."

Setna iO is a globally integrated aircraft and engine lessor, component stockist and MRO provider. Highly active in airframe/engine teardowns, large inventory acquisitions, and daily trading, Setna iO's warehouses located in Arizona, Chicago, and London allow Setna iO to manage inventory globally. Sales and trading groups operating in 8 countries, provide Setna iO's customers with a worldwide network. Setnix, an FAA/EASA 145 repair station, specializes in airframe and APU components. Setnix' vertically integrated program allows for quick turn times and strong quality. Setnix is recognized by The145.com as a Top Shop for APU Component Repairs.

Media Contacts
Janelle Weber, Setna iO, [email protected]

Alyssa Tufts, Arizona Commerce Authority, [email protected]

About Setna iO and Setnix
Setna iO is a globally integrated aircraft and engine lessor, component stockist and MRO provider. Highly active in airframe/engine teardowns, large inventory acquisitions, and daily trading, Setna iO's business model aims to have as much in demand material "in stock, ready to go" as possible. Strategic warehouses in Arizona, Chicago, and London allow Setna iO to manage inventory globally. Sales and trading groups operating in 8 countries, provide Setna iO's customers with a worldwide network. Setna iO offers PBH and cost per landing contracts to airlines, allowing for its partners to focus on flying while it manages repairs and inventory. Setnix, an FAA/EASA 145 repair station, specializes in airframe and APU components. Setnix' vertically integrated program allows for quick turn times and strong quality. For more information, please visit: setnaio.com.

About the Arizona Commerce Authority
The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy. The ACA uses a three-pronged approach to advance the overall economy: attract, expand, create - attract out-of-state companies to establish operations in Arizona; work with existing companies to expand their business in Arizona and beyond; and help entrepreneurs create new Arizona businesses in targeted industries. For more information, please visit azcommerce.com and follow the ACA on Twitter @azcommerce.

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