A $54.2-million manufacturing facility, specializing in the creation of aerospace products, will be built in Cambridge, Ont. The 108,000-square-foot facility will be owned and operated by Héroux-Devtek Inc., a Canadian company that designs and develops landing gear for the aerospace market.
The Ontario government will provide $7.05-million in financing for the project.
The facility will be primarily focused on the development of landing gear systems for the B-777 and B-777X aircraft carriers as part of a long-term contract with The Boeing Company.
“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,” says Gilles Labbé, President and Chief Executive Officer at Héroux-Devtek. “We sincerely thank the Government of Ontario for supporting our industry, in which Canada ranks fifth worldwide.”
Located in Cambridge’s new Boxwood Business Campus, the facility, which will allow for the creation of approximately 40 new skilled jobs, is expected to be fully operational by June 2015.