6/9/2015 1:05:00 AM
HEADLINES
LISI Aerospace Canada Opening New Plant
LISI Aerospace Canada, a subsidiary of French group LISI Aerospace, plans to invest more than $12 million in a new production line that will make titanium assembly components for the global aerospace industry. The investment will allow the company to hire 116 skilled workers over the next three years and maintain 60 jobs in Greater Montréal.
LISI Aerospace said that by using an “innovative fastener technology,” the company will be able to meet increasing aircraft manufacturer demand for titanium or titanium alloy parts.
“The new plant will help LISI Aerospace Canada increase its production capacity by around 40% and position itself as the group’s main integration centre,” said CEO Jean-Louis Colders. “Thanks to our globally recognized cutting-edge expertise, we can design and produce top-quality, highprecision parts used to hold plane or engine components together, by protecting them from contamination with oxygen, nitrogen, hydrogen or carbon during the forging process.”
Québec’s aerospace industry ranks fifth in the world for number of jobs, behind the U.S., France, Great Britain and Germany. Accounting for more than 43,500 jobs and over $12 billion in sales, the province’s industry includes prime contractors, OEMs and about 200 small businesses.
Created in 2005, LISI Aerospace Canada is the Canadian subsidiary of French group LISI Aerospace. The Dorval-based company produces high-performance aerospace fasteners used to hold plane or engine components together.
LISI Group operates three divisions: LISI Aerospace, LISI Automotive and LISI Medical. Web: lisi-aerospace.com
Share: