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Meloche Group, a leading developer and manufacturer of aerostructure and aircraft engine components for the aerospace industry, intends to take advantage of the industry’s recovery to achieve record sales of $200 million by 2026. Thanks to sustained investments
in research and development (R&D) and in the automation of its operations, the Québec-based company has won new contracts that will enable it to accelerate its growth and emerge even stronger from the pandemic.
“We used this extraordinary period as an opportunity to develop new products that are now in production, including components designed for Bombardier Global 7500 and Airbus A220 aircraft,” said Hugue Meloche, President and CEO of Meloche Group. “We have also continued our 4.0 journey to accelerate the deployment of leading-edge technologies that integrate digital processes into our operations to increase productivity, efficiency and manufacturing capacity across our facilities. We have invested more than $25 million in modernizing our centres of excellence over the past five years.”
With its state-of-the-art equipment fleet of 60 CNC machining and turning stations, Meloche Group supplies highly complex machined components and subassemblies to major original equipment manufacturers (OEMs) and Tier 1 suppliers here and abroad, including Airbus, Bell, Bombardier, GE Aviation, Pratt & Whitney and Safran.
“We are poised for continued growth both organically and through strategic acquisitions in Canada and the United States,” said Mr. Meloche. “Our team is working hard to provide our customers with high-quality, innovative manufacturing solutions that are aligned with their evolving needs.”
The second-generation family business – established in Québec for nearly 50 years – employs 300 people in five manufacturing and R&D facilities located in Salaberry-de-Valleyfield, Beauharnois, Bromont and Montréal. “We are actively looking for specialized workers, including operators, machinists and inspectors,” noted Mr. Meloche
This press release was prepared and distributed by Meloche Group.
