Avior Integrated Products Inc.
Repayable contribution of $1,000,000 on a total investment of $5,500,000.
In business since 2002, Avior Integrated Products Inc. is an aerospace subcontractor in the aircraft lightweight structures and mechanical assemblies sector.
The firm specializes in the manufacture of hybrid structures made from metal and advanced composite materials. Its primary products are wing structure, fuselage and cockpit components for airplanes and helicopters.
Avior currently supplies to such global aerospace industry leaders as Boeing, Bell Helicopter Textron and Bombardier.
The company’s project aims to bolster its production capacity of lightweight structural assemblies through leasehold improvements, the upgrade of existing equipment and the acquisition of new specialized equipment.
Avior expects this project to lead to in an increase in sale and the creation of 75 jobs, 50 of them in Granby.
Repayable contribution of $375,000 on a total investment of $750,000.
Founded in 1975, Techniprodec Ltd is a Montréal company that occupies a prime position within its sector for the forming, machining, manufacture and precision assembly of complex mechanical components that meet stringent quality standards.
The enterprise currently manufactures, among other things, structural parts for Bell Helicopter and landing gear components for Messier Dowty and Héroux Devtek.
The financial assistance will be used to acquire specialized equipment.
With this project, Techniprodec expects to create six new jobs to add to its existing 50 positions.
Total number of projects: 2
Total contribution from Canada Economic Development: $1,375,000
Total investment generated by these projects: $6,250,000
