Press Release for immediate release

Aequs and Magellan Aerospace Joint Venture to expand special processing plant in
India; receives Airbus approval for TSA line
Aerospace Processing India (API), a joint venture (JV) of Aequs and Magellan Aerospace is Indias first
compan to !ave "artaric #ulp!uric Acid ("#A) anodi$ing line approved % Air%us
Bangalore, September !, "#$% Aequs (formerly QuEST Global Manufacturing), one of the fastest
growing aerospace manufacturing companies in n!ia, an! Magellan Aerospace, a global aerospace lea!er,
to!ay announce! plans for an e"pansion to their #$ plant in Aequs SE% at &elgaum, n!ia as a measure to
further strengthen their capabilities in the growing global aerospace mar'et(
The A) plant e"pansion is aime! at enhancing aerospace special processes( The e"pan!e! facility will
mainly cater to processes such as Tartaric Sulphuric Aci! (TSA) ano!i*ing an! +a!mium plating for the
aerospace ,EMs(
The e"isting A) plant locate! at Aequs SE% pro-i!es aerospace surface treatment facilities which are not
rea!ily a-ailable in n!ia( A) is uniquely positione! to pro-i!e metal finishing treatment ser-ices for both
the e"port mar'et an! the !omestic mar'et in n!ia(
Aravind Melligeri, &'airman and &(), Aequs sai!, ./e are !elighte! to e"pan! an! enhance our
se-en0year partnership with Magellan for special processing in aerospace through this new capability at
A)( This will also a!! to n!ia1s e"pertise in the aerospace manufacturing sector an! help us grow the
aerospace mar'et in the country(2
.A) is a trailbla*er in n!ia in aerospace special processing( This TSA certification from Airbus will not only
a!! to its consi!erable range of capabilities but also enhance A)1s ability to !eli-er finishe! components
with short lea! times( n a!!ition, we will now be able to bi! for global contracts that call for TSA an!
+a!mium plating,2 a!!e! Melligeri(
The plant e"pansion will be operational by #anuary 3456( The new TSA line is a newly !e-elope!
technology to replace the more ha*ar!ous tra!itional +hromic Aci! ano!i*ing(
+ommenting on Airbus appro-al for TSA line, *'illip +nder,ood, *resident, Magellan Aerospace sai!,
.The e"pansion of the A) processing facility, an! the a!!ition of the TSA line, is a strategic in-estment that
complements Magellan1s growing presence in n!ia( Magellan1s approach to pro-i!ing customers inno-ati-e
solutions is base! on balancing in-estment, technology, an! capability to increase the -alue of our
offerings( /ith soaring aerospace growth, this e"pansion of our capabilities in the n!ian mar'et will ensure
that we are prepare! to meet the growing nee!s of our customers with the cost0effecti-e an! quality
solutions that they ha-e come to e"pect(2
Accor!ing to Airbus1 latest mar'et forecast, n!ian carriers will require 5,374 new passenger aircraft -alue!
at 8S9574 billion between now an! 34:3 to meet the surging annual !eman!( The n!ian annual
passenger traffic growth rate is ;(< per cent, a figure well abo-e the regional Asia )acific a-erage growth
rate of <(5 per cent an! the worl! a-erage =(> percent(
About Aequs
Aequs (formerly QuEST Global Manufacturing) is among n!ia1s fastest growing precision manufacturing companies
speciali*ing in precision machining, sheet metal fabrication, assembly, forging, an! special processing for the
aerospace, automoti-e, an! oil ? gas in!ustries( The company1s customers inclu!e global in!ustry lea!ers in these
-erticals such as &osch, Airbus, 8TAS, Eaton, &a'er @ughes an! @alliburton( )resently, Aequs has an automoti-e
manufacturing facility in &angalore an! other manufacturing units in &elgaum, an! @ouston( The &elgaum facilities
are locate! in Aequs SE%, n!iaAs first integrate! precision engineering ecosystem( $isit www(aequs(com for more
information(
About Magellan Aerospace
Magellan Aerospace is a global, integrate! aerospace company that pro-i!es comple" assemblies an! systems
solutions to aircraft an! engine manufacturers, an! !efence an! space agencies worl!wi!e( Magellan !esigns,
engineers, an! manufactures aeroengine an! aerostructure assemblies an! components for aerospace mar'ets,
a!-ance! pro!ucts for military an! space mar'ets, in!ustrial power generation, an! specialty pro!ucts( Magellan is a
public company (TSBCMAD) with operating units throughout +ana!a, the 8nite! States, the 8nite! Eing!om, n!ia,
an! )olan!( $isit www(magellan(aero for more information(
For e!itorial enquiries only, contactC
A-ishe' Ga'shit, )G@8&, a-ishe'Hprhub(com I75;4 33=;:44>J;K
$i!ya S($(, )G@8& -i!yaHprhub(com I75 7;;<63;4=;