TEMPE, ARIZONA – The Tucson office of consulting engineering firm Terracon was named 2018 Advancing Women in Transportation (WTS) Employer of the Year, Tucson Chapter.

Each year WTS/Tucson honors firms with its Outstanding Recognition Awards. Terracon’s Tucson office was honored for its strong ties to the transportation industry and its dedication to WTS and other professional organizations in the community.

“We are honored and humbled to have received this award,” said Derek Koller, Terracon’s Tucson Office Manager. “As an office, we have several employees who serve and participate with local non-profits and organizations as board members and in other capacities. We are proud of our collective efforts in the community.”

Criteria met for garnering WTS recognition:

• An organization that has enhanced the transportation industry;
• An organization with an outstanding record of hiring and promoting at all employment levels;
• An organization that encourages students, especially women to enter the transportation field by providing scholarships, grants and/or internship opportunities;
• An organization that supports WTS.

“It’s an honor for our office to receive this recognition and award,” said Bianca Rivera, Administrative Manager I Corporate Service Representative, in Terracon’s Tucson office. “We are fortunate to work for Terracon, an amazing company that encourages our involvement within our community. I’m also honored to be a part of the WTS Tucson Chapter.”

Terracon is an employee-owned consulting engineering firm with more than 4,000 employees providing environmental, facilities, geotechnical, and materials services from more than 140 offices with services available in all 50 states.

Terracon currently ranks 24th on the Engineering News-Record list of Top 500 Design Firms and is ranked No. 1 in Asbestos and Lead Abatement Design.

To learn more about Terracon visit terracon.com/offices/tucson/

Axiscades, an India-based engineering firm, is coming to Tucson and bringing 300 new jobs over the next five years with it, Sun Corridor officials announced today. The firm serves heavy equipment, mining and other industries. Munjay Singh, the firm’s CEO, called Caterpillar the ‘primary customer’ for Axiscades.

“We chose Tucson to be closer to Caterpillar, one of our key customers, as well as other clients in the mining industry,” said Mritunjay Singh, CEO and Executive Director of AXISCADES. “The entire region is strong not only in mining but also other key AXISCADES strategic growth areas such as aerospace, defense and healthcare.”

The company has leased office space at 177 North Church Avenue in downtown Tucson. AXISCADES joins other name brands such as Caterpillar, Hexagon Mining, Ernst & Young, Tucson Electric Power and Madden Media, among others that have expanded operations in Tucson’s core.

In 2016, Caterpillar Inc. decided to relocate its Surface, Mining & Technology Division to Downtown Tucson, along with up to 600 executive jobs over a five-year period, for an estimated economic impact of $600 million. Caterpillar’s 150,000-square-foot building is under construction west of downtown and is expected to be completed by March 2019.

AXISCADES Engineering Technologies Ltd (A listed entity on Indian Stock Exchange) provides Engineering Services to Aerospace, Heavy Engineering, Automotive and Industrial Products sectors.

The new Tucson operation will expand the company’s ability to provide engineering services to U.S.-based manufacturers, and in particular mining clients in Southern Arizona.

“This is a big win for Tucson and the entire region,” said Governor Doug Ducey. “Two years ago, we welcomed Caterpillar’s surface mining and technology division to Southern Arizona. Since then, Caterpillar’s significant investment has created a ripple effect throughout the community and the state. This is evidenced by the expansion of one of their key suppliers, AXISCADES. The AXISCADES expansion will bring new opportunity and jobs for our citizens.”

“This is another important benefit of Caterpillar’s coming to Tucson: one of its major vendors is moving here, too,” said Tucson Mayor Jonathan Rothschild. “Both Caterpillar and AXISCADES add depth and breadth–and well-paying jobs–to Tucson’s mining technology industry sector. We look forward to making the folks at AXISCADES welcome in Tucson.”

Headquartered in Bangalore, India, AXISCADES Engineering Technologies Ltd has 10 offices worldwide including North America, Europe and Asia.

Sun Corridor announced recently that a high percentage, 70% of Caterpillar’s employees, accepted to relocate to Tucson.

Key project partners include Arizona Commerce Authority, Pima County, City of Tucson, Tucson Electric Power and Sun Corridor Inc.

Last week, Texas Instruments Inc. announced plans to build a new $29 million facility, adding at least 35 high-paying jobs over time in Tucson.

Tucson also recently landed a new Amazon fulfillment center earlier this year, which will employ more than 1,500 full-time workers.

TUCSON, Arizona — Universal Avionics Systems Corporation (“UA”) completed its acquisition by Elbit Systems Ltd. (NASDAQ and TASE: ESLT) with the $21.3 million (133 PSF) sale of its headquarters at 3260 E Universal Way in Tucson. As part of the $120 million acquisition of the assets and operations of the privately-owned company.

The 160,905-square-foot building on 12.89 acres was built in 1999 at the Airport Commerce Center.

Headquartered in Tucson Arizona, and operating in several facilities across the U.S., Universal Avionics is a developer and manufacturer of commercial avionics systems for the retrofit and forward-fit market, for a wide range of fixed and rotary aircraft types. Universal Avionics’ solutions include Flight Management Systems (FMS), displays, communication systems, complete cockpit solutions and additional advanced commercial avionics systems, which are complementary to Elbit Systems’ internationally successful commercial avionics systems, Enhanced Flight Vision Systems (EFVS) and Head-Up Display (HUD) product line

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

As a wholly-owned subsidiary of Elbit Systems, Universal Avionics will lead commercial sales in North America for Elbit Systems’ Aerospace Division’s Commercial Aviation Business Line and enable the Company to offer a broad portfolio of advanced end-to-end cockpit solutions for commercial OEMs and After-Market customers.

“Combining our product offering with Elbit Systems’ strengthens our position in the market,” said Paul DeHerrera, UA Chief Executive Officer. “Our vision is to be the premier cockpit avionics supplier for the commercial aviation market, providing a fully-integrated ‘heads-up’ and ‘heads-down’ experience for pilots by combining Elbit’s commercial HUD (Head-up Display) technology with UA’s FMS and display systems,” he added. “Our complete solution will support forward-fit and retrofit aircraft including fixed-wing and helicopters.”

Elbit Systems’ acquisition of UA brings forward an innovative opportunity to the market that until now, hadn’t existed. The marketplace can expect new commercial avionics technology offerings as two product lines combine to create some of the most forward-thinking technology in cockpit avionics.

Following the acquisition, Universal Avionics’ business will continue to operate, with the same management and workforce and under the same name, as a wholly-owned U.S. subsidiary of Elbit Systems.

No brokers were involved in the transaction.

To learn more, see RED 5714.