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Magellan Aerospace Breaks Ground for New Manufacturing and Assembly Plant in India
Magellan Aerospace Breaks Ground for New Manufacturing and Assembly Plant in India ...
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[{"type":"text","content":"\n\n\n\nMagellan Aerospace Breaks Ground for New Manufacturing and Assembly Plant in India\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nBANGALORE, India, Nov. 15, 2017\n\n\n\nBANGALORE, India, Nov. 15, 2017 /CNW/ - Magellan Aerospace (\"Magellan\") hosted a traditional groundbreaking ceremony today for the company's new manufacturing and assembly facility in India.   Magellan was honoured to have Canada's federal minister of International Trade, The Honourable François-Philippe Champagne participate in the event that was also attended by an esteemed group of customers, government officials and local business colleagues.  The new 140,000 square foot building will be constructed on seven acres in Hitech Defence and Aerospace Park (Aerospace SEZ Sector) in Devanahalli, Bengaluru, near the Bangalore International Airport.\n\n\n \n \n\n \nAlready an established presence in India's aerospace sector for more than a decade, Magellan will invest more than CDN $28 million in this state-of-the-art manufacturing and assembly plant.  Construction of the plant will be in two phases with the first phase planned to become operational near the end of 2018.   The plant will employ approximately 120 high technology and support positions, and will be equipped with a comprehensive range of high speed 4 and 5-axis machining centres, selected to optimise manufacturing efficiency. \n\n\"Canada's world-class aerospace sector is an international success story that symbolizes excellence and provides more jobs for the middle class for both Canada and India.  We are proud of Magellan's long-standing presence in the Indian market and today's expansion illustrates how Canadian companies have always been at the forefront of aerospace innovation. Continued commercial engagement in this region is at the core of our progressive trade agenda which helps contribute to stronger and more innovative economies for both Canada and India.\" - The Honourable François-Philippe Champagne, Minister of International Trade Canada\n\nMr. Haydn Martin, Vi...