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Ontario Supports Aerospace Innovation in Mississauga

Posted in Politics

Published on August 10, 2017 with No Comments

Province Partners with Cyclone Manufacturing to Invest in New Technology

  • Cyclone Manufacturing was founded in 1964 and currently operates three plants in Mississauga, a facility in Milton and a facility in Poland.
  • The aerospace industry is a major part of Ontario’s advanced manufacturing sector accounting for over 21,000 direct jobs. Over half of the world’s top 25 aerospace companies have operations in the province and Ontario-based manufacturers are part of the supply chain for virtually every passenger aircraft in the world.
  • The Jobs and Prosperity Fund helps secure private sector investment in Ontario, allowing the government to partner with businesses that are creating jobs and enhancing productivity, innovation and exports. Every dollar invested through the fund leverages an average of $9 in private sector investments.

Ontario is partnering with Cyclone Manufacturing to invest in new technology and expand its Mississauga facilities, creating 132 new jobs and retaining 554 positions.

Cyclone Manufacturing makes precision components for the aerospace industry, with services including machining, sheet metal fabrication, tube bending/welding, assembly and final processing and finishing. The company’s customers include Bombardier, Spirit, Airbus, Boeing, Israel Aerospace Industries, Triumph, Lockheed Martin and AIDC.

With support from Ontario’s Jobs and Prosperity Fund, the company is enhancing its Computer Numerical Control (CNC) production capabilities, investing in new equipment and setting up new process lines to bring work in-house that is currently outsourced. It is adding 80,000 square feet in new production space, plus the longer-term addition of a new facility. These investments will boost Cyclone’s competitiveness through greater innovation, reduced costs, better energy efficiency and shorter lead times.

Strengthening Ontario’s manufacturing sector is part of our plan to create jobs, grow our economy and help people in their everyday lives.

 

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