Vector Announces Expansion, and Commitment to PEI

Vector Expansion Announcement

(From Left to Right) Arnold Croken, General Manager of the Summerside Regional Development Corporation; Gerald Keddy, Parliamentary Secretary to the Minister of Agriculture, to the Minister of National Revenue and for the Atlantic Canada Opportunities Agency; The Honourable Wade MacLauchlan, Premier of Prince Edward Island; Jeff Poirier, President of Vector Aerospace Engine Services – Atlantic; and Shawn McCarvill, President of Slemon Park Corporation

06/25/2015
Vector Aerospace is expanding and has renewed its lease with the Slemon Park Corporation. The announcement was made Thursday, June 25th, amid a large crowd of staff & attendees.

The expansion will see the addition of a fourth engine test cell facility along with the renewal of Vector’s lease at Slemon Park through 2030. The new facility will add an additional secured chamber where technicians can examine the engine and collect data throughout the entire testing process. This ensures all issues are resolved prior to installing the engine on an aircraft.

The expanded test cell capacity will allow Vector to pursue more contracts as well as provide uninterrupted engine testing should one of the other test cells be taken out of service.

The Hon. Premier MacLauchlan expressed the importance of Aerospace for the PEI economy. “Vector Aerospace is a cornerstone of this province’s aerospace industry and the second biggest private sector employer on the Island”.

The expansion is made possible through a significant investment by Vector Aerospace as well as funding agreements with the province of Prince Edward Island, and ACOA.

Additional Information

http://www.acoa-apeca.gc.ca/eng/Agency/MediaRoom/NewsReleases/Pages/4592.aspx

http://www.gov.pe.ca/newsroom/index.php3?number=news&newsnumber=10255&dept=&lang=E#pk_campaign=HomePage&pk_kwd=PressRelease