Muhr und Bender KG has notified the Moroccan Competition Council of its plan to acquire 100% of Cyclone Manufacturing Inc. and its subsidiary Cyclone Polska Sp. z o.o., gaining exclusive control. The target companies manufacture aerostructure components for commercial aircraft.
Mubea, a German automotive supplier, has acquired Cyclone Manufacturing, a Canadian aerostructure company, from the Sochaj family. The deal makes Mubea a significant player in commercial aerospace machining and fabrication.
Cyclone Manufacturing Incorporated received over $9 million from FedDev Ontario to expand its facilities in Milton and Mississauga, including a heat treatment oven and temperature-controlled production area. The project will support 110 jobs.
Cyclone Manufacturing is investing $21.4 million in new technologies including robotic assembly at its facilities in Mississauga and Milton, Ontario, supported by $1.5 million from the Ontario government, creating 60 new jobs and upskilling 100 employees.
Cyclone Manufacturing is partnering with Ontario to invest $64.8 million in expanding its Mississauga facilities, adding 80,000 square feet of production space and new equipment. The project will create over 130 new jobs and retain 554 positions.
Cyclone Manufacturing is expanding its Mississauga facilities, adding 80,000 square feet of production space and investing in new CNC equipment, creating 132 jobs. The project is supported by a CAD 5.19 million grant from Ontario's Jobs and Prosperity Fund, with total investment of CAD 64.88 million.
| Site | Largest | Latest |
|---|---|---|
| Milton and Mississauga, Canada | $6.70M | 2023-01-17 |
| Mississauga and Milton, Canada | $16.5M | 2022-07-21 |
| Mississauga, Canada | $51.0M | 2017-10-30 |