Announced the signing of a Memorandum of Understanding today with Aequs Private Limited to explore the development of a business plan for setting up a 50/50 jointly-owned aerospace sand casting facility situated at the Belagavi Aerospace Cluster (BAC), in Karnataka, India. Magellan Aerospace Corporation shares T.MAL are trading up $0.07 at $10.16.
Stocks in play: Magellan Aerospace Corporation
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