Pratt & Whitney to invest US$110 million in Singapore
Jet engine maker Pratt & Whitney is spending US$110 million to set up two facilities in Singapore.
This, in a bid to boost its efforts to grow its manufacturing base.
Pratt & Whitney said one of the plants will be ready next year.
It will start making commercial engine fan blades in 2015 and high-pressure turbine discs by 2016.
The other facility repairs components and will start operating at the end of this year.
Pratt & Whitney said it will increase its headcount by 200 to 2,500 over the next five years.