Boeing sells surplus machinery to Mahindra

Boeing Aerostructures Australia (BAA) has announced that it has sold some surplus heavy machinery to the Mahindra Group, clarifying media reports that it had sold its Fisherman’s Bend plant near Melbourne to the Indian conglomerate.

“This equipment has not been needed at Fishermans Bend since we exited the sheet metal business some 18 months ago,” said BAA managing director Mark Ross. “There is no impact on our work statement as we continue to focus totally on the success of our Boeing 787 Dreamliner contract.”

Mahindra has been expanding its presence in Australia’s aviation industry and over the last year has purchased stakes in Gippsland Aeronautics and Aerostaff. It is not yet known if the equipment will be transferred to Gippsland or used elsewhere.