Magellan Aerospace Corporation

10:44 AM EST - Magellan Aerospace Corporation : Has increased its investment in Triveni Aeronautics Pvt. Ltd. to 75%. Triveni is based in Tumkur, Karnataka located north west of Bangalore in India. The company specializes in hard metal machining of aeroengine and aerostructure components. Magellan Aerospace Corporation
shares MAL are trading down $0.04 at $17.70.