Previous MondayTuesdayWednesdayThursdayFridayNext

____ Friday February 27, 2015 ____



Héroux-Devtek Chooses Cambridge for Aerospace Expansion Ontario Supports New Jobs in Advanced Manufacturing

Queens Park - Ontario is helping Héroux-Devtek grow its aerospace landing gear business with a new manufacturing facility in Cambridge that will create 40 jobs. “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", said Gilles Labbé, President and Chief Executive Officer, Héroux-Devtek.

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 Ontario.

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.“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.

Partnering with industry to boost innovation and competitiveness is part of the government's economic plan for Ontario. The four-part plan is building Ontario up by investing in people's talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives, and building a secure savings plan so everyone can afford to retire.“We’re delighted to welcome Héroux-Devtek to Cambridge’s business community. They join our city’s diversified economy with particular strengths in technology and advanced manufacturing. I’m proud that our government is taking a proactive role in helping ambitious companies to grow and create jobs in our region," added Kathryn McGarry, MPP for Cambridge.

The Morning Post is a free business news service.
Please consider making a small donation to help keep this
business and market news service available for your daily Ontario business news updates?
Content published on this site represents the opinion of the individual/organization and/or source provider of the Content. is non-partisan, online journal. Privacy Policy. Copyright of Exchange produced editorial is the copyright of Exchange Business Communications Inc. 2014. Additional editorials, comments and releases are copyright of respective source(s) and/or institutions or organizations.

Exchange Magazine for Business
Subscription options:

Exchange Magazine Paper Version
Exchange Magazine - Digital version





Subscription Options