News
For Immediate Release
Cambridge
08/24/2011
Ontario Invests In Aerospace Industry, Creates 108 New Jobs: McGuinty Government Helps Establish New State-Of-The-Art Manufacturing Facility
NEWS
Ontario is helping Centra Industries Inc. — a leading manufacturer of metallic aircraft components — expand operations, create 108 new jobs and protect 40 existing jobs.
With provincial support, Centra is building a new manufacturing facility where the company will conduct research for the development of innovative manufacturing processes for airplane fuselage, landing gear and wing and flight control components. The new facility will have streamlined and cost-effective manufacturing. It will also feature automated finishing and assembly lines that use eco-friendly equipment and processes.
Partnering with business is a key component of the McGuinty Government’s plan to create and support jobs for Ontario families and strengthen local economies.
QUOTES
“Ontario is partnering with businesses that invest in innovation to increase competitiveness and create hundreds of jobs in the province. We are confident that our world-class aerospace sector will continue to thrive and remain an important contributor to our economy.”
― Sandra Pupatello, Minister of Economic Development and Trade
“From information and technology to auto and aerospace manufacturing, the Kitchener-Waterloo-Cambridge area has strongly positioned itself as a national hub for innovation and technology. This partnership is one of the many steps the government is taking to help local businesses ensure we remain at the top of our game.”
― Leeanna Pendergast, MPP Kitchener-Conestoga
"Centra is a world-class manufacturer of aerospace components and assemblies used by major original equipment manufacturers right around the globe. Ontario is providing Centra an opportunity to continue to invest in the latest in high performance machining technology and expand our highly skilled workforce."
― David McIntyre, President of Centra Industries Inc.
QUICK FACTS
- Established in 1974, Centra Industries Inc. supplies structural, wing and landing gear components supporting major commercial and military aircraft programs.
- Ontario’s over 350 aerospace firms sell more than $6.5 billion annually and employ over 22,000 skilled workers.
- Ontario exports 80 per cent of its finished aerospace products.
LEARN MORE
- Review Ontario’s Progress Report 2011 for more details on the government’s achievements.
- Check Ontario’s comprehensive economic and trade news, including its toolkit for businesses.
- Visit the Invest in Ontario website.
For more information:
Lauren Tedesco
Minister's Office
416-325-6909
Sofia Sousa-Dias
Communications Branch
416-326-8465
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