Moog Inc. will finish moving into its $44 million expansion at its Elma campus within the next couple of months.

But with business going strong at the locally based aerospace company, it might not be too long before Moog is looking to expand again.

"Our folks here are looking at what's the next building we've got to build because we continue to see expansion," said John Scannell, Moog's chairman and CEO, after the company reported first-quarter profits that easily topped analyst forecasts and raised its financial outlook for this year.

"We're just running out of space," Scannell said Friday. "It's very positive for the operations here."

Moog, with more than 3,500 employees across Western New York, is one of the region's biggest private-sector employers. The company already has moved into the offices within the 95,000-square-foot addition it built to its aircraft division's facilities in Elma, but Moog officials are taking a more deliberate tact moving into the assembly and test area within the new complex.

"That's gradually starting to happen," Scannell said. "We're moving into our new building slowly and carefully."