Mechtronix World Corp. announced that Richardson Capital, the private equity arm of Richardson Financial Group, has invested C$39 million ($37.8 million) in the Montreal-based simulator maker for a minority stake. The company said the funds will be used for "widening of turnkey services for new-generation training centers, expanded market development efforts" and expansion of manufacturing and R&D. "We're multiplying our manufacturing capacity by three," Mechtronix President Xavier Herve ...

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