Magellan Aerospace to expand into Indian market
The Canadian PressGeneral Aerospace India investment Magellan
The Mississauga-based aerospace giant will build a 140,000 sq. ft. facility in a special aerospace economic zone near the Bangalore International Airport.
BANGALORE, India — Magellan Aerospace says it plans to construct a sprawling new manufacturing and assembly facility in India.
The Mississauga, Ont.- based company says the 140,000 sq. ft. building will be constructed in a special aerospace economic zone near the Bangalore International Airport.
The aerospace giant says it expects to break ground for the new facility in June.
The company says the $28 million state-of-the-art manufacturing and assembly plant which will be constructed in three phases.
When the first phase is commissioned near the end of 2017, it will employ approximately 120 engineers, machinists, procurement professionals, and quality and management personnel and be equipped with a full suite of 5-axis machining centres.
“Magellan’s expanding footprint in India, and increasing spectrum of capabilities, reflects the company’s commitment to provide competitive solutions for major commercial customers,” says Mr. Phillip Underwood, President and Chief Executive Office of Magellan Aerospace.
Magellan Aerospace provides complex assemblies for aircraft and engine manufacturers, and defence and space agencies.
The company operates in Canada, the United States, the United Kingdom, India and Poland.