Triad aviation firm to lay off 345 employees

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WINSTON-SALEM, N.C. -- North State Aviation, an aviation maintenance business at the Smith Reynolds Airport in Winston-Salem, notified the state that it will permanently close its facility, resulting in a layoff of 345 people due to a downturn in business.

Gary Smith, CEO, said in a press release, "Due to declining revenue and difficult business conditions we were forced to take this action. We sincerely regret the need for this action and the impact that it will have on our employees, their families, our suppliers and the airport commission all of which have supported us for a number of years."

The company is working with applicable government agencies and other parties to find job opportunities for as many employees as possible, according to the news release.

According to its website, North State Aviation is a "Certified FAR 145 Repair Station with Heavy Maintenance, Modification and Repair capabilities plus D100 authority for Boeing 727, 737 -200 thru -900 series, 757 -200 and -300 series, and limited capability on 767 aircraft models."

Winston-Salem Mayor Allen Joines told FOX8 Thursday he was very disappointed when he found out about the closure.

"The aviation industry is a key part of the entire Triad economic makeup," he said.