Manitoba invests $17M in Magellan Aerospace, creating 64 jobs and boosting aerospace training.

The Manitoba government is investing $17 million in Magellan Aerospace to boost the aerospace industry, create 64 new jobs, and improve training at Red River College Polytech. The funding includes an $8 million grant and a $9 million loan to be repaid over 12 years. This investment will help establish a new machining center and testing environment, enhancing Magellan's competitiveness globally.

2 months ago
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