Magellan subsidiaries receive $8.8M from TPC to launch projects


Orenda Aerospace Corp has received $7.2 million in government assistance for two R&D projects in the areas of gas turbines engines and extended life expectancy of engine components. The Mississauga-based subsidiary of Magellan Aerospace Corp has committed to creating 46 new jobs over the next five years as a result of the funding from Technology Partnerships Canada (TPC).

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