MISSISSAUGA, ON, Jan. 27, 2013 /CNW/ - Magellan Aerospace announced
today that it will participate in the International Trade Mission in
Africa with the Honourable Ed Fast, Minister of International Trade and
Minister for the Asia-Pacific Gateway. The mission traveling to Ghana
and Nigeria will focus attention on infrastructure projects, mining and
energy opportunities in these nations.
"By promoting and showcasing Canada's strengths and capabilities in
target sectors and foreign markets, trade missions enhance Canada's
profile and visibility on the international stage, while maximizing the
benefits for world class Canadian companies" said Minister Fast. "By
helping Canadian business expand and succeed abroad, we are also
helping to create jobs, growth and prosperity at home."
Magellan's objectives for this trade mission are to gain deeper insight
into the needs of the energy markets in Ghana, Nigeria, and the African
region; to further existing and develop new relationships in these
markets; and to build on the success of a major power generation
project that Magellan is completing in Ghana presently.
Magellan Aerospace and other Canadian companies can play a role in
improving the infrastructure in African countries like Ghana, where
sufficient electric power is not available or may be unreliable. The
Magellan-built T3 thermal electric power generation plant near Takoradi
is a success story for both Canadian technology and the Canadian
Commercial Corporation (CCC), who brokered the contract with Ghana's
Ministry of Energy in 2008.
About Magellan Aerospace
Magellan Aerospace is one of the world's most integrated and
comprehensive aerospace industry suppliers. Magellan designs,
engineers, and manufactures aeroengine and aerostructure assemblies and
components for aerospace markets, advanced products for military and
space markets, industrial power generation, and specialty products.
Magellan is a public company whose shares trade on the Toronto Stock
Exchange (TSX: MAL), with operating units throughout Canada, the United
States, the United Kingdom, India, and Poland.
SOURCE: Magellan Aerospace Corporation
For further information:
Mr. Daniel Zanatta
Vice President, Business Development,
Marketing and Contracts
Ph. 905 677 1889 ext. 300