News & Updates

Acquisition News – AFCO Inc & AvPorts

Acquisition News Dulles, VA. – May 24, 2018 – Aviation Facilities Company, Inc. (“AFCO”) and AFCO AvPorts Management LLC (“AvPorts”), both industry leaders in the development and management of airports and airport infrastructure, announced they have entered into a definitive agreement to be acquired by West Street Infrastructure Partners III (“WSIP III”), a family of…

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AFCO Acquires Air Cargo Facility at Mather Airport

AFCO Acquires Air Cargo Facility Dulles, VA., (February 21, 2017) – Aviation Facilities Company, Inc. (AFCO) completed the purchase of an air cargo facility at Mather Airport (MHR) in Sacramento, California from GE Capital Aviation Services. The MHR facility is situated on a 4.5-acre site with direct ramp access and includes 33,300 square feet of…

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AFCO Master Development Agreement Approved

AFCO Master Development Agreement Approved January 27, 2013 – Aviation Facilities Company, Inc. (AFCO) is pleased to announce that the Gary/Chicago International Airport Authority today unanimously approved development and management agreements to dramatically improve the economic landscape of the airport, the City of Gary and Northwest Indiana. AFCO will Lead the Development Under the terms…

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AFCO San Diego RDC Project Construction Award

RDC Award Winning Project with AFCO

AFCO San Diego RDC Project Construction Award The Regional Distribution Center (RDC) project at the San Diego International Airport financed and developed by AFCO for the San Diego County Regional Airport Authority received the 2013 Project Achievement Award from the Construction Management Association of America. The C&S Companies San Diego office was Architect/Engineer for the project, and The Augustine Company of…

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AFCO San Diego RDC LEED Gold Certification

AFCO San Diego RDC LEED Gold Certification AFCO support in the design, development and building of the Regional Distribution facility at San Diego International Airport receives LEED Gold certification.  Learn more about the project and our participation here: Facts about the SAN AFCO partnership Project Highlights SAN CRDC Press Release AFCO Developing for the Future With…

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AFCO Completes Construction of New Central RDC San Diego International

AFCO Completes Construction of New Central RDC San Diego International November 2012 Aviation Facilities Company, Inc. (AFCO) participated in a ribbon-cutting ceremony on November 14, 2012 to celebrate its completion of the Receiving and Distribution Center (RDC) project on behalf of the San Diego County Regional Airport Authority (Authority) at the San Diego International Airport.…

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AFCO Awarded Project to Finance, Design and Build a Central Receiving and Distribution Center at the San Diego International Airport

AFCO Awarded Project to Finance, Design and Build January 2012 Aviation Facilities Company, Inc. (AFCO) is pleased to announce that it has been awarded a contract and issued a formal notice to proceed to finance, design and build a Central Receiving and Distribution Center (CRDC) on behalf of the San Diego Regional County Airport Authority…

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AFCO Selected Finance Design Build Vertiport/Heliport In Downtown Chicago

AFCO Selected Finance Design Build Vertiport/Heliport January 2011 Aviation Facilities Company, Inc. (AFCO) is pleased to announce that AFCO Nighthawk Vertiport LLC, a joint venture between AFCO and Nighthawk Services LLC, has been selected by the Illinois Medical District Commission (IMD) to develop a vertiport/heliport, on a 10-acre site in the Illinois Medical District, located…

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AFCO Announces Election of Frank Chambers as Chairman of the Board of Directors and Appointment of Chuck Stipancic as President and Chief Executive Officer

AFCO Leadership AFCO announced that at its February 25, 2009 annual shareholders meeting that Francis X. Chambers, Jr. has been elected Chairman of the Board of Directors and that Charles Stipancic, Jr. has been appointed President and Chief Executive Officer. Mr. Chambers co-founded the Company in 1992 and has been its President and Chief Executive…

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