Heroux-Devtek Chooses Ontario, Canada for Aerospace Expansion

CAMBRIDGE, Ontario, Feb. 26, 2015 /PRNewswire/ -- 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.

QUOTES

"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

QUICK FACTS

• The Boeing contract represents the first time Héroux-Devtek is building a complete landing gear system for a large commercial aircraft.
• Aerospace is a key component of Ontario's advanced manufacturing sector, directly employing 17,000 people.
• Ontario aerospace manufacturers are part of the global supply chain for virtually every passenger aircraft in the world and 15 of the top 25 global aerospace companies have key operations in the province.
• Over 80 per cent of the production from Ontario's aerospace sector is exported to the U.S. and international markets.

LEARN MORE

Ontario's aerospace industry.

Ontario's advantages for business investment.

Patricia Pytel
Media Relations, Ministry of Economic Development, Employment and Infrastructure and Ministry of Research and Innovation
[email protected]  
416-327-8313
ontario.ca/newsroom  

Or

Margy Sweeney
Akrete Communications
[email protected]
312-612-0343

SOURCE Ministry of Economic Development, Employment and Infrastructure - Ontario, Canada