Overview

• Jamco announced the appointment of Executive Chair Kate Schaefer and CEO Masaru Morimoto as Bain Capital’s $700 million takeover approaches its expected September close.
• Under the new team, the company plans to restart business-class seat production to alleviate global shortages that halted orders in 2023.
• Jamco intends to pursue targeted acquisitions of premium-cabin suppliers for Airbus and Boeing wide-body jets to broaden its product offerings.
• The firm is eyeing multibillion-dollar retrofit projects for ageing wide-body aircraft as airlines extend jet lifespans while new aircraft deliveries lag.
• Jamco faces a newly imposed 15 percent U.S. tariff on Japanese aerospace exports but expects to offset duties through established drawback mechanisms.