Magellan Aerospace announced plans to construct a new manufacturing and assembly facility in India. The new 1,40,000 sq ft building will be constructed on three hectres in the Aerospace Special Economic Zone near the Bengaluru International Airport. Magellan expects to break ground for the new facility in June 2017.
Magellan will invest more than CDN $28 million in this state-of-the-art manufacturing and assembly plant, which will be constructed in three phases. When the first phase is commissioned near the end of 2017, it will employ approximately 120 engineers, machinists, procurement professionals, and quality and management personnel and be equipped with a full suite of 5-axis machining centres.
Phillip Underwood, President and Chief Executive Office of Magellan Aerospace, said: “Magellan’s expanding footprint in India, and increasing spectrum of capabilities, reflects the company’s commitment to provide competitive solutions for major commercial customers.”