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Magellan Launches India's First Special Processing Facility to Support Aerospace Manufacturing with QuEST
Magellan Launches India's First Special Processing Facility to Support Aerospace Manufacturing with QuEST.
About this update from Magellan Aerospace Corporation
[{"type":"text","content":"\n\n\n\nTORONTO, Feb. 5 /CNW/ - Magellan Aerospace announced today the formation\nof a 50:50 joint ownership company with QuEST Machining & Manufacturing to\nlaunch the first independent processing facility in India to cater to the\nneeds of the aerospace manufacturing industry.\n\n\nMagellan has been developing a supply chain in India for three years,\nfocusing on finished machine parts. The addition of Customer-approved\nprocessing is key in fully developing the supply chain. The launch of this\nprocessing facility positions Magellan and QuEST as early adopters in\naerospace supply chain development in India. This facility will initially\nfocus on processes for aluminum, titanium, and stainless steel components for\naero-structure and aero-engine components. The new facility, scheduled to open\nin early 2008, will be 10,000 sq. ft. and has a scaleable layout to\naccommodate future growth.\n\n\nMagellan is working closely with its key Customers to meet their needs in\nthe Indian market. \"This is a key step in offering our Customers a global\nsolution,\" said Mr. Jim Butyniec, President of Magellan Aerospace. We are\npleased with our decision to partner with QuEST to set up the processing\nfacility and view it as a natural extension of our existing relationship.\n\"QuEST is a dynamic and innovative company that knows the Indian and\ninternational markets well, and has the manufacturing capabilities and\ncapacities required to support aerospace market needs.\"\n\n\n\"We are extremely excited and honoured to grow our relationship with\nMagellan Aerospace from a customer to an equal partner in this venture.\nMagellan brings a very high-level of expertise to this relationship and we are\nlooking forward to a successful partnership,\" said Mr. Aravind Melligeri,\nPresident and CEO, QuEST Machining & Manufacturing.\n\n\nAbout Magellan Aerospace\n\n\nMagellan Aerospace Corporation is one of the world's most integrated and\ncomprehensive aerospace industry suppliers. Magellan designs, engineers, and\nmanufactures aero-engine and aero-structure assemblies and components for\naerospace markets, advanced products for military and space markets, and\ncomplementary specialty products. Magellan is a public company whose shares\ntrade on the Toronto Stock Exchange (TSX: MAL), with operating units\nthroughout Canada, the United States,...