10/21/2022

Erlanger, Ky. (November 1, 2022) – Today, FEAM AERO, in partnership with Cincinnati/Northern Kentucky International Airport (CVG), celebrated the official groundbreaking of the company’s new 150,000 square foot hangar – its second major investment on CVG property.

The state-of-the-art, three-bay, wide-body hangar will be constructed from the ground up and will create 250 new positions for skilled aircraft maintenance professionals.

This facility, representing a $40.2 million investment, will be completed by the end of 2023. FEAM’s new hangar will complement its existing station at CVG, spanning over 100,000 square-feet of state-of-the-art workspace, and currently employing 300 technicians.

The Governor of Kentucky, Andy Beshear; CEO of CVG, Candace McGraw; and President and CEO of NKY Tri-ED, Lee Crume, joined Cam Murphy, President of FEAM, and Fred Murphy, CEO of FEAM at the ceremony to commemorate this important milestone.

“Our airport is now the 18th largest cargo airport in the world,” said Candace McGraw, CEO of CVG. “It’s thanks to partners like FEAM who continue to support the incredible growth of cargo operations and career opportunities at CVG. We congratulate FEAM as they prepare to build their second state-of-the-art aircraft maintenance hangar in the Northern Kentucky region.”

FEAM’s investment at CVG is representative of their rapid global expansion, and commitment to creating a resilient and robust workforce in major markets throughout the United States. The company’s strategic growth strategy is designed to answer the growing e-commerce demand at CVG, while supporting the local community and providing opportunities for career development and advancement among its team.

“We have accomplished great success through our partnership with CVG and the public support from the state of Kentucky,” said Fred Murphy, founder, and CEO of FEAM AERO. “We look forward to growing our local economic impact by creating meaningful careers within the region and bringing our best-in-class standards of quality and safety to the already thriving cargo ecosystem at CVG.”

### For more information, or to request an interview with representatives from FEAM AERO, please contact Sara Shake at 954.336.3275 or sara@themrkt.co.

To request an interview with representatives from CVG Airport, please contact Mindy Kershner at 859.206.1057 or mkershner@cvgairport.com.

FEAM AERO is the largest leading provider of aircraft line maintenance services in the United States. FEAM has maintenance bases at 52 locations globally, including two hangar facilities, and employs a growing workforce of over 1,500 Aircraft Maintenance Technicians and Engineers. Over the years, FEAM has diversified its MRO portfolio to include Line Maintenance, Technical Training, Global AOG Support, Technical Support Services, and Base Maintenance. Our full line of services ensures our customers meet their mission goals and mitigate AOG ground time. FEAM holds EASA/FAA Maintenance Organization Approvals and approvals from several other domestic and international aviation regulatory authorities. For more information, please visit www.feam.aero.

About CVG Airport: CVG Airport has been serving passengers since 1947. The airport welcomed more than 9.1 million passengers in 2019, serving a record number of local passengers. As the airport recovers from the COVID-19 pandemic, it still offers the most nonstop destinations in the region. CVG is diversified in both passenger and cargo operations with an annual economic impact of $6.8 billion. It is the 7th largest cargo airport in North America – home to Amazon Air’s primary U.S. Hub and DHL Express Global Superhub. Learn more at CVGairport.com