Groupe Meloche, which develops and manufactures aerostructure and aircraft engine components for the aerospace sector, announced on December 1 that it has acquired Hemmingford Aerospace, a key player in the aircraft engine parts manufacturing industry.
This acquisition is part of the Groupe Meloche’s growth strategy, which aims to double its sales by 2026, up to $200 million. The Hemmingford location will become the fifth industrial site for the group, which also has manufacturing and research and development facilities located in Salaberry-de-Valleyfield, Beauharnois, Bromont, and Montreal. The acquisition provides the company with an additional 150,000 square feet of manufacturing space to expand its production capacity.
In a press release issued by Groupe Meloche, the president and CEO, Hugue Meloche, says they are pleased to be welcoming Hemmingford Aerospace team into their group, noting the move will allow the company to provide innovative, high-quality manufacturing solutions linked to the constantly evolving needs within the sector.
Hemmingford Aerospace was founded in 1963. The family-owned business specializes in manufacturing components for Pratt & Whitney engines, including those powering the Airbus A320NEO family, Airbus A220, and Embraer E-Jets E2. Its partnership with Pratt & Whitney allowed the business to ride out much of the turbulence that has faced the aerospace sector in recent years. The addition of Hemmingford Aerospace’s 135 employees to Groupe Meloche expands its workforce to around 500 employees.
“We are proud that we can rely on a fast-growing workforce of skilled, dedicated personnel to better serve our customers. We are also continuing to seek candidates for specialized positions, particularly operators, machinists, and inspectors,” says Anne-Renée Meloche, vice president of human resources and communications.
The total amount of the transaction remains confidential; however, Groupe Meloche received support from the Fonds de solidarité FTQ and Investissement Québec as financial partners.