Ret. Maj.-Gen. David Fraser, COO of INKAS Armored Vehicle Manufacturing at the new facilityClick image to enlargeINKAS Group of Companies has opened a new manufacturing facility in Ontario and the first armoured vehicle showroom in Canada.

The company held a ribbon cutting ceremony on December 8 to commemorate the new plant.

The new facility serves as an office space for over 200 Toronto-based employees, a manufacturing plant and an armoured vehicle showroom in Canada. As the vast majority of the company’s clientele and business is based outside of Canada, the state-of-the-art showroom was crafted with the intent to showcase armoured vehicles to foreign guests visiting the facility.

“Our new facility is all about innovation. We are locating our offices under the same roof so that we can easily get the sales force, the production force and the engineers together to talk and make our products even more innovative and more competitive,” says Ret. Maj.-Gen. David Fraser, COO, INKAS Armored Vehicle Manufacturing. “This is an innovative facility that we are very proud of.”

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Autodesk announced its intent to acquire Delcam last November.

"The acquisition of Delcam is an important step in Autodesk's continued expansion into manufacturing and fabrication and beyond our roots in design. Together with Delcam we look forward to accelerating the development of a more comprehensive Digital Prototyping solution and delivering a better manufacturing experience," says Buzz Kross, senior vice president for Design, Lifecycle and Simulation products. "We welcome the Delcam employees, customers, partners and community to Autodesk."

Business Outlook

This transaction is expected to have no impact on Autodesk's guidance issued on November 26, 2013. Autodesk expects this transaction to be dilutive to its non-GAAP earnings in fiscal 2015 and accretive to its non-GAAP earnings in fiscal 2016.

Autodesk

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