Fly­ing Colours $30M ex­pan­sion to be­gin in fall at air­port, adding 60 new jobs

The Peterborough Examiner - - Local - JOELLE KOVACH Ex­am­iner Staff Writer [email protected]­ter­bor­ough­daily.com

Con­struc­tion is ex­pected to start this fall on a new $30-mil­lion ex­pan­sion of Fly­ing Colours Corp. at Peter­bor­ough Air­port, said air­port man­ager Trent Ger­vais.

The ex­pan­sion is ex­pected to mean 60 new jobs (in ad­di­tion to 250 cur­rent jobs).

The com­pany is ex­pected to build a new man­u­fac­tur­ing and op­er­a­tions hangar at the city-owned air­port, which is lo­cated in Ca­van Mon­aghan Town­ship just south­west of the city lim­its.

Ger­vais said the ex­pan­sion will bring the build­ing to 100,000 square feet; he said that will make it roughly the same size as the lo­cal Home De­pot.

Fly­ing Colours also has op­er­a­tions in the U.S. and Sin­ga­pore. The com­pany re­fur­bishes, mod­ern­izes and up­dates mid­sized to large busi­ness air­craft, in­clud­ing Gulf­stream, Beechcraft/Hawker, Das­sault Fal­con and Bom­bardier’s Global Ex­press and Chal­lenger planes.

Fly­ing Colours is also an au­tho­rized ser­vice fa­cil­ity for Bom­bardier and GE Avi­a­tion.

Ger­vais said the com­pany plans to have their ex­panded op­er­a­tions up and run­ning by June 2019 – and that’s why con­struc­tion is be­gin­ning soon.

Ear­lier this month, a city staff re­port stated that the water reser­voir used for fire sup­pres­sion at the Peter­bor­ough Air­port may be ex­panded soon to nearly dou­ble its ca­pac­ity, all to ac­com­mo­date a large new de­vel­op­ment at the air­port.

The reser­voir needs a ca­pac­ity of 1 mil­lion litres of water – up from the cur­rent ca­pac­ity of 530,000 litres – to meet the needs of the pro­posed new de­vel­op­ment.

It’s nec­es­sary to have this greater ca­pac­ity by July 2019, states the re­port.

Although the re­port doesn’t men­tion what type of de­vel­op­ment is planned, Ger­vais said that the main part of it is Fly­ing Colours (with other, smaller de­vel­op­ments too).

Ger­vais is the pres­i­dent and CEO of Loomex, the com­pany that is con­tracted by the city to run the Peter­bor­ough Air­port.

Loomex is grow­ing along with the air­port’s ex­pan­sion over the last few years, he said.

To keep up with the growth, Loomex an­nounced this week it has a newly cre­ated gen­eral man­ager po­si­tion.

That new gen­eral man­ager will be Matt Braith­waite, Loomex an­nounced.

Braith­waite comes to Loomex from Peter­bor­ough and the Kawarthas Eco­nomic De­vel­op­ment, where was an eco­nomic de­vel­op­ment of­fi­cer there.

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