Thursday, January 23, 2014
TORONTO – Canada's Magellan Aerospace said it will manufacture and supply 5-axis machined wing ribs for Airbus' single aisle A320 family, including the A320neo. The work complements the existing A320 wing ribs manufactured by Magellan Aerospace. The work is expected to generate revenues of about $20 million over five years. Magellan will invest in a new high-speed, 5-axis machining center in its facility in Greyabbey, Northern Ireland. Magellan Aerospace provides assemblies and systems to aircraft and engine manufacturers worldwide. It's a public company with operating units throughout Canada, the United States, the United Kingdom, India, and Poland. (Source: Wall Street Journal, 01/22/14) Gulf Coast note: Airbus is building an A320 final assembly line in Mobile, Ala., that will begin production in 2015.