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Magellan Aerospace and Aequs have signed an MOU to explore setting up a 50/50 jointly-owned aerospace sand casting facility at the Belagavi Aerospace Cluster in Karnataka, India. The facility aims to meet sand casting demands in the growing aerospace industry.
“Magellan Aerospace Corporation announced the signing of a Memorandum of Understanding today with Aequs Private Limited to explore the development of a business plan for setting up a 50/50 jointly-owned aerospace sand casting facility.”siliconindia.com
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