Great news for Peterborough: Flying Colours, the North American MRO, completions and avionics business based here, has announced a major expansion and investment of $30 million in its facility at Peterborough Airport, creating 60 new jobs over the next several years and helping to retain 250 existing jobs.
The expansion includes construction of a new manufacturing and operations hangar, which will enable increased global business and expanded technical capabilities. The Province of Ontario is contributing $1,000,000 to the project through a grant from the Eastern Ontario Development Fund (EODF).