Manufacturer of components for aircraft, power plants and other industries also has subsidiaries with locations in Canada.
Steel producer says acquisition will broaden its push into the aerospace industry.
Revenue up almost 12% at $202.5 million.
Quebec manufacturer will fabricate torque tubes used in the Dreamliner’s wing flaps at its Laval plant.
Repayable funding of $1.38 million meant to help improve productivity.
Company supplies new and aftermarket parts for commercial and private aircraft
Net income amounted to $9.5 million in the three months to Sept. 30.
Money will be used to help the company bid on big contracts.