The fuselage of an Airbus A320 sits inside an Airbus A300-600 Beluga super transporter aircraft. Magellan Aerospace, which supplies products and services to major corporations such as Airbus, is to invest 6 million in Northern Ireland. Photo: Bloomberg <\/p>\n
Magellan Aerospace, the Canadian group, which supplies products and services to major corporations from Airbus to Bombardier, is to invest 6 million in Northern Ireland and create 47 jobs at its Greyabbey operation. <\/p>\n
The Ontario headquartered group which engineers and manufactures aeroengine and aerostructure components for aerospace markets, has had a presence in the North since it acquired John Huddleston Engineering in 2012. <\/p>\n
Magellan, which currently employs 109 people, lists major aerospace groups from Boeing to GKN and Spirit AeroSystems among its key customers. <\/p>\n
It intends to construct a new specialised assembly facility and invest in additional advanced machining technology at its Greyabbey plant. <\/p>\n
It will receive 700,000 in support from Invest NI towards the cost of the investment project. <\/p>\n
Haydn Martin, Magellans vice president business development Europe, said the acquisition of John Huddleston Engineering had strengthened its core manufacturing capabilities and expanded its European operations. <\/p>\n
This investment takes the Greyabbey plant to the next level and will enable us to support growth in our key customer programmes, Mr Martin added. <\/p>\n
The Norths Enterprise Minister Arlene Foster believes the latest investment by Magellan will also enhance the local aerospace sector. <\/p>\n
It will strengthen Magellan Aerospace (Greyabbey) as a supplier of machining, assembly, supply chain management and logistics to the global aerospace industry. <\/p>\n
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Magellan Aerospace to create 47 jobs in Co Down<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The fuselage of an Airbus A320 sits inside an Airbus A300-600 Beluga super transporter aircraft. Magellan Aerospace, which supplies products and services to major corporations such as Airbus, is to invest 6 million in Northern Ireland Continue reading