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Aerospsace Industry Leader Meloche Group Acquires Hemmingford Aerospace

Meloche Group Achieves Sales Exceeding $110 Million

Beauharnois, December 1, 2022 –Meloche Group, a leader in developing and manufacturing aerostructure and aircraft engine components for the aerospace sector, announced today that it has acquired Hemmingford Aerospace, a key player in the aircraft engine part machining industry. This acquisition is part of Meloche Group’s growth strategy, which aims to double its sales by 2026, increasing it to $200 million.

“We are pleased to welcome the Hemmingford Aerospace team into our group, bringing the number of employees at our five centres of excellence to 500,” stated Hugue Meloche, President & CEO of Meloche Group. “This acquisition consolidates our position in the market while opening the door to new possibilities with our engine manufacturer customers. By increasing our manufacturing space to over 150,000 square feet, it also enables us to significantly expand our production capacity in order to continue more effectively meeting the growing needs of original equipment manufacturers (OEMs) and Tier 1 suppliers in the industry.”

A family business founded in 1963, Hemmingford Aerospace specializes mainly in manufacturing components for Pratt & Whitney engines, including high-precision machining, assembly, validation testing and inspection of parts. Despite the upheavals of the past few years, the company has succeeded in maintaining its rate of production thanks to its position in major programs such as Pratt & Whitney’s GTF™ engine, which powers the Airbus A320NEO family, Airbus A220 and Embraer E-Jets E2.

“We intend to continue supporting the company’s growth and investment plan,” noted Mr. Meloche. “Our team is working relentlessly to offer our customers innovative, high-quality manufacturing solutions linked to their constantly evolving needs. Jean-François Garand—who knows the organization well, having worked there for many years— will lead the Hemmingford centre of excellence. He will make sure to preserve the legacy of its founders and its current team, which shares Meloche Group’s values of commitment, respect, collaboration and entrepreneurship.”

Meloche Group aims to pursue its growth both organically and through strategic acquisitions in Canada and the United States. In keeping with this, the group made its first acquisition in 2019 with Techniprodec, a manufacturer of machined components and complex assemblies for the aerospace industry located in Montreal East. 

“We’re 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,” explained Anne-Renée Meloche, Vice President, Human Resources and Communications.

Thanks to its sustained investment in research and development (R&D) and in the automation of operations, the Quebec company has secured major new contracts with customers such as Airbus, Bell, Bombardier, GE Aviation, Pratt & Whitney and Safran, for which it supplies machined components and highly complex sub-assemblies. It intends to continue investing in the modernization and expansion of its facilities and implementing its digital strategy by leveraging robotization, automation and artificial intelligence. 

“The Fonds de solidarité FTQ has been supporting Meloche Group’s growth since 2011. We have seen the company reach new heights thanks to Hugue Meloche’s leadership and the work of his entire team, this, despite the numerous challenges the world aerospace sector faces. This transaction will further support Meloche Group’s growth as a flagship company in one of Québec key economic sectors”, said Gilles Poulin, Vice-President, Private Equity and Impact Investing – Aerospace, Infrastructure and Transport, at the Fonds de solidarité FTQ.

“Investissement Québec is proud to support Meloche Group in the deployment of its growth strategy. By partnering with the company, we are helping to solidify the position of a strategic player in its market, while consolidating the aeronautics sector. In addition to highlighting our expertise abroad, this partnership will generate major economic spinoffs here in Québec. Propelling companies in key sectors of our economy to international leadership positions is a core focus of Investissement Québec”, noted Bicha Ngo, Senior Executive Vice-President, Private Equity. 

“We are very proud of this announcement, which is aligned with Accelerator 360°, an initiative supported by the Ministry of Economy, Innovation and Energy and propelled by Aéro Montréal,” noted Suzanne M. Benoît, President of Aéro Montréal. “By consolidating the region’s expertise, we are enhancing our companies’ ability to position themselves for local and international contracts. We are increasing the visibility of the Quebec supply chain, which is becoming more and more mature. By strengthening the ecosystem in this way, we are also enhancing our industry’s appeal for the next generation of talent.”

About Meloche Group

Meloche Group is a leader in developing and manufacturing of aerostructure and aircraft engine components for the aerospace sector. Its mission is to provide reliable, innovative manufacturing solutions that create value for its customers.

Firmly established in Quebec for almost 50 years, the second-generation family business employs 500 people across its five production and R&D sites, located in Salaberry-de-Valleyfield, Beauharnois, Bromont, Hemmingford and Montreal. 

For more information:

Nancy German
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