1-Mar-2015 Source: Heroux-Devtek
Ontario, Canada is helping Héroux-Devtek grow its aerospace landing gear business with a new manufacturing facility in Cambridge.
The state-of-the-art facility will play a key role in the company fulfilling a major contract to supply Boeing. The total investment is valued at $54.2 million, with $7.05 million in support from the Canadian province.
The project further strengthens the province’s aerospace sector, particularly in commercial landing gear, where Ontario is a leader and accounts for a major share of the global market.
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“Today’s announcement is great news for Ontario’s aerospace sector, and demonstrates how targeted, strategic investments can strengthen key Ontario industries. Héroux-Devtek’s new facility is at the forefront of both industry technology and productivity. With this investment, we ensure these capabilities remain in Ontario where they can continue growing.”
— Brad Duguid, Minister of Economic Development, Employment and Infrastructure
“This new facility will play a pivotal role in executing the most important landing gear contract in Héroux-Devtek’s history and its high level of automation will allow us to supply superior quality products to Boeing at a very competitive cost. We sincerely thank the Government of Ontario for supporting our industry, in which Canada ranks fifth worldwide.”
— Gilles Labbé, President and Chief Executive Officer, Héroux-Devtek
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