Magellan Aerospace Awarded U.S. Fighter Jet Contract

Local Kitchener based Magellan Aerospace has recently been awarded U.S. fighter jets contract.

The contracts involves building machined wing tie bars for both the leading edge flap installation and aft engine thrust mounts on the F-35 Lightening II aircraft, a new generation of U.S. fighter jets.

The new contracts won by Magellan Aerospace were announced at the Paris Air Show, and totals $60 million. The Magellan Aerospace work will be performed at company's Chicopee Manufacturing division, and work should continue between 2009 and 2015.

Magellan Aerospace is a great example of the type of industries that Kitchener has to offer its residents.

Downtown Kitchener Public Library To Get $25 million Updgrades

The Downtown Kitchener Public Library, located on Queen Street in the heart of the “civic district”, will get $25 million in upgrades, which will see a complete renovation and expansion of the Library, including a three-level underground parking garage.

Tenders for the upgrades are expected for next summer for an estimated budget cap of $24.9 million for the library and $18.5 million for the Underground garage.

According to project architect David Warne of Levitt Goodman, the challenge to the library upgrades are keeping the existing library open during construction.

If all goes to plan, the Kitchener Public Library upgrades should be completed by 2013.

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$70 Million Upgrade To Highway 8 Near Kitchener, Ontario

Highway 8 near Kitchener will be getting long overdue upgrades worth about $70 million which will be funded in part by the federal and provincial governments.

Improvements to Highway 8 will include new lane additions, resurfacing, twinning of the bridge over the Grand River and the construction of bus bypass shoulders on northbound and southbound lanes near the Grand River.

The Highway 8 upgrade is part of a larger $12 billion financial stimulus project set up by the Federal governement over the next two years.

Cambridge Hospital And Rapid Transit Proposal

Experts who are reviewing hospital finances, and seeking to cut $3 million in spending, said this week that hospital directors failed to spend within their means.

Ontario Premier Dalton McGuinty recently commented on the Ontario governments plans to put the $39-million expansion of Cambridge Memorial Hospital back on to the discussion table..

McGuinty said yesterday. "I will inquire as to where this project happens to be, at this point in time,"

Regarding the controversial rapid transit system that includes electric trains and fast buses, and estimated to cost $790 million, McGuinty would not disclose the Ontario government's funding plans. Although the province has previously pledged to cover a third of the costs, McGuinty said "It's not two-thirds of anything, that's unreasonable."

Currently McGuinty has not publicly committed to announcing any allocated budget to either the Cambridge Hospital or the Rapid Transit Proposal as talks resume on the subject.

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