LISI Aerospace has unveiled plans to install a new production line at its facility in Dorval, Montréal, to manufacture titanium assembly components for the aerospace industry.

The company will use its innovative fastener technology to produce titanium or titanium alloy parts for aircraft manufacturers. The project involves an investment of more than $12m and will support the region with 116 jobs over the next three years.

"The new plant will help LISI Aerospace Canada increase its production capacity by around 40%."

LISI Aerospace CEO Jean-Louis Colders said: "The new plant will help LISI Aerospace Canada increase its production capacity by around 40% and position itself as the group’s main integration centre.

"Thanks to our globally recognised cutting-edge expertise, we can design and produce top-quality, high-precision parts used to hold plane or engine components together, by protecting them from contamination with oxygen, nitrogen, hydrogen or carbon during the forging process."

The project is supported by both Québec and Canada Governments.

Montréal International president and CEO Dominique Anglade said: "By creating new jobs and fostering the transfer of expert knowledge, this investment will strengthen the competitiveness of Canada’s aerospace industry in an extremely promising technology niche."

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Québec’s aerospace industry employs more than 43,500 people and generates revenues of more than $12bn. It comprises prime contractors, equipment manufacturers and around 200 small businesses.