Salem-based Aerospace Engineers has signed a long-term contract with Boeing to manufacture and supply critical aviation components and parts for the global aerospace major.
Aerospace Engineers will be setting up a new manufacturing facility, dedicated for civil aerospace production at Hosur with covered building space of 125,000 square feet and also expanding its existing Salem facility with an additional covered building space of 50,000 square feet over the next 24 months with an investment of Rs 150 crore. This additional facility will generate employment for 1,000 people.
The contract order was handed over by Ashwani Bhargava, director, supply chain management of Boeing India to R Sundaram, chief executive officer and managing director, Aerospace Engineers in the presence of Tamil Nadu chief minister M K Stalin.
