KLX Aerospace Indefinitely Suspends the Establishment of Its New Swiss Subsidiary

FL., USA-headquarted KLX Aerospace, the leading supplier of aerospace fasteners, bearings, seals, engineered products, electrical parts, tooling, and industrial components announced on Nov. 04 that it has indefinitely suspended the previous plan to establish a new Swiss subsidiary- KLX Aerospace Solutions International GmbH in early 2016. “Due to regulatory changes, creation of this entity is no longer required, and has been suspended indefinitely. There will be no new entity created,” said Group Vice President and General Manager John A. Cuomo.

The previous letter announcing KLX International is null and void. Specifically, the invoicing entity of KLX Aerospace Solutions, Inc. and the current CAGE code will remain as it is, with no changes. There will be no influence to its customers and suppliers.