HRM Business Parks
MilAero Electronics Atlantic Inc. is preparing to move to its own premises after...
Paul Greedy, president of MilAero Electronics Atlantic Inc., says his company is ready to do business in its own building.
MilAero Electronics Atlantic Inc. is preparing to move to its own premises after spending nine years as a tenant of the Innovacorp Technology Incubation Centre in Woodside. President Paul Greedy says his company is ready to do business in its own building.
"We're very excited that we're making this move," Greedy says. "We're ready for it. Starting out in the Incubation Centre was great for us because it provided all the up-front supports a small business needs, such as mailing and so on, allowing us to focus on our products, but we're getting limited as to what we can do due to the space limitations."
The company, which specializes in the manufacture and integration of high performance electrical assemblies for the defense, aerospace and industrial markets, is hoping to bid on the Irving shipyard contracts in the years ahead, and is taking steps now to take advantage of future opportunities.
"There will be spin-offs for smaller companies such as ours and we're getting prepared now," Greedy says.
MilAero's new location will be off the newly opened Mount Hope Avenue connecting Highway 118 to Woodside Industrial Park. The company is just waiting for the final paperwork with the city, which will include a civic address, and is in negotiations with a construction firm. Greedy plans for the foundations to go in this spring, with a final construction completion date in July or August.
Currently, MilAero is working in two bays and four offices at the Centre, but Greedy says the production flow is adversely affected by the limited space. The new building will have 15,000 square feet, three times the company's existing square footage.
"There are so many ways we'll be able to make use of the new space," Greedy says. "We're still growing and we've talked about our own premises for a few years. We have the products, the certifications and the drive to compete, and now we'll be able to do so from our own building, which just makes us that much more attractive to prospective clients."
MilAero's products include build-to-print electrical cables and harness assemblies, electrical control boxes and other value-added parts. The company has also broadened its focus beyond the defense and aerospace industry by building controllers for wind turbines for Seaforth Engineering.
For more information on MilAero, an AS 9100 certified company, visit the company website at www.mil-aero.com or call 469-6232.