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.