Héroux-Devtek invests $26.5M; Magellan lands $425M program
KITCHENER, Ont.: There have been some significant announcements in Canada’s aerospace sector this week.
Héroux-Devtek Inc., a manufacturer of aerospace and industrial products based in Longueuil, Que., is investing $26.5 million in its Kitchener, Ont. plant where it makes medium to large landing gear components. And Magellan Aerospace Corp. has won a $425-million program from Rolls-Royce to manufacture engine parts.
The Ontario government is also kicking in $3.975 million in support of the Héroux-Devtek Inc. project at the Kitchener plant, which employs 160 people. The investments will go towards state-of-the-art automated machinery and modernizing existing equipment.
The company has also settled a contract with 70 unionized Aerostructure products employees at its Dorval, Que. plant. CAW-Quebec workers voted 77% in favour of the three-year contract, which extends through May 6, 2013.
Magella’s agreement with Rolls-Royce Plc and Rolls-Royce Deutschland Ltd & Co KG is to manufacture mainline shafts and stub shafts for various Rolls-Royce engine programs.
Mississauga, Ont.-based Magellan, which manufactures aeroengine and aerostructure assemblies and components, said the work will be performed at its Middleton Aerospace facility in Haverhill, Ma.
The company estimates the program revenue to be worth approximately US$425 million over the 15-year term of the agreement.