# Collins Aerospace invests $30M in Monroe operations with potential for more

Collins Aerospace invested $30 million in an expansion of its Monroe, North Carolina operations, with plans to potentially invest an additional $30 million.

- Type: Expansion
- Announced: 2021-07-14
- Where: Monroe, North Carolina, United States
- Value: $30.0M
- Status: completed
- Products: aerospace components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Collins Aerospace](https://endata.com/companies/11989.md)

## Sources

- [bizjournals.com](https://www.bizjournals.com/charlotte/news/2021/07/14/collins-aerospace-monroe-expansion-investment.html), 2021-07-14: "The company, which is a unit of Raytheon Technologies Corp., invested $30 million in the most recent expansion of its Monroe operations."
- [ncairports.org](https://ncairports.org/collins-aerospace-announces-major-expansion-at-monroe-facility/), 2021-07-22: "Collins Aerospace, a unit of Raytheon Technologies Corp., said Tuesday it plans a $30 million capital investment to expand its maintenance, repair and overhaul facility in Monroe."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.