Dépêches
Ontario's Aerospace Sector Taking Flight
Dépèche transmise le 7 avril 2011 par Business Wire
TORONTO--(BUSINESS WIRE)--Ontario, Canada is helping a Mississauga aerospace company bring new products to market while creating 80 new jobs and supporting 49 existing jobs.
The province is helping aircraft engine manufacturer Pratt & Whitney Canada (P&WC) invest in new technology, equipment and Research and Development to increase its innovative and environmental technologies and diversify its product base, including the development of more electric engine technologies. This will help operators to reduce their fuel consumption and emissions, decreasing the impact of air travel on the environment. New manufacturing processes will also help to reduce waste and increase efficiency.
"Supporting advanced manufacturing remains a key priority for Ontario. Working with companies like Pratt & Whitney Canada (P&WC) to help them stay at the forefront of their field helps keep our manufacturing sector competitive. Ontario's aerospace sector provides 22,000 jobs for Ontarians across the province, including the good people of Mississauga," said Sandra Pupatello, Minister of Economic Development and Trade.
"Our long-standing commitment to innovation has made us a key player within Canada's aerospace industry. Pratt & Whitney Canada will be making a new investment of almost $140 million in innovation projects in Ontario between now and 2014. With the province's investment, we will continue doing things that make us a world leader in our field with a focus on product innovation and development, green technologies, employee training and process improvements. P&WC continues to play a major role in Ontario's aerospace industry and bring new jobs to the province," said Walter Di Bartolomeo, Vice President, Engineering, Pratt & Whitney Canada.
QUICK FACTS
- Pratt & Whitney Canada (P&WC) is a world leader in the design, manufacture and service of gas turbine engines with up to 20,000 lbs. of thrust. These engines power general aviation aircraft, regional aircraft, corporate aircraft, trainer aircraft, utility aircraft, helicopters, auxiliary power units, unmanned aerial vehicles and engines for industrial applications.
- P&WC is investing $139.2 million in the project, with Ontario providing a grant of $13.9 million. Ontario's aerospace industry employs 22,000 people and generates annual sales of approximately $6.5 billion, about 80 per cent of which are exports.
- Ontario has recovered 91 per cent of the jobs lost during the recession.
- As a result of the tax changes in Ontario, taxes on business investment were cut in half, making Ontario more competitive and encouraging new business investments.
LEARN MORE
- See how Ontario's Budget 2011 is supporting job creation and helping the province's economy to turn the corner.
- Check out government-funded programs and services for Ontario businesses.
- Learn how Ontario's comprehensive tax plan, including the HST, will help support business.
- 30/04 Le Royaume-Uni commande des Airbus H145 supplémentaires
- 30/04 Vueling présente une livrée spéciale dédiée au FC Barcelone féminin
- 30/04 L’EASA a délivré le "Permis de voler" à l'INTEGRAL E
- 30/04 Icelandair célèbre les 40 ans de l'expérience Saga Premium
- 30/04 Finesse Max livre le 100e Velis Electro
- 28/0451e fête aérienne - Le Temps des hélices
- 28/04 Friedrichshafen 2024 : le salon a attiré plus de 31 000 visiteurs
- 28/04 Friedrichshafen 2024 : La fédération norvégienne de sports aériens commande un INTEGRAL E
- 28/04 Friedrichshafen 2024 : exposition d'un Global 6000 de l'armée de l'air allemande (photos)
- 28/04 Friedrichshafen 2024 : forte présence de la société chinoise, Rhyxeon General Aircraft Co
- 28/04 Friedrichshafen 2024 : le Corsair e-motion, un ULM électrique
- 28/04 Friedrichshafen 2024 :AURA AERO et Societe Generale Equipment Finance annoncent leur coopération
- 28/04 Friedrichshafen 2024 : Tecnam a lancé le P2006T NG
- 28/04 Twin Jet lance une nouvelle ligne entre Marseille et Bâle-Mulhouse
- 27/04 Vueling lance des vols spéciaux Paris-Dortmund
- 27/04 easyJet rouvre les candidatures pour son programme de formation pilotes de 2024
- 27/04 Lufthansa ouvre une liaison entre Nantes et Munich
- 27/04 50e anniversaire de l’hélicoptère SA-330 PUMA dans l’armée de l’Air et de l’Espace
- 27/04 La colonel Sophie Adenot officiellement astronaute
- 27/04 AEGEAN investit dans 4 Airbus A321neo à long rayon d'action