Magellan Winnipeg contract agreement ratified

TORONTO, Oct. 17 /CNW/ - Magellan Aerospace Corporation announced today
ratification of a three-year agreement with its unionized work force,
represented by the Canadian Auto Workers, at its Winnipeg Manitoba operations.
The 400 members of Local 3005 voted in favour of an immediate return to work.
Magellan Aerospace Corporation is one of the world's most integrated and
comprehensive aerospace industry suppliers. Magellan designs, engineers, and
manufactures aeroengine and aerostructure assemblies and components for
aerospace markets, advanced products for military and space markets, and
complementary specialty products. Magellan is a public company whose shares
trade on the Toronto Stock Exchange (TSX: MAL), with operating units
throughout Canada, the United States and the United Kingdom.