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Slemon Park is the centrepiece of Prince Edward Island's aerospace industry. The park is home to several major aerospace companies including Vector Aerospace Engines Services Atlantic , Honeywell Aftermarket Services, Testori Americas, MDS Coating Technologies Corporation and Tronosjet Maintenance Inc.
Holland College's Aerospace and Industrial Technology Centre is also located at Slemon Park. The aerospace and industrial training centre has been instrumental in the development of the aerospace industry on PEI due to its ability to customize training programs to meet the needs of new and existing tenants.
In order to create an attractive business climate, the Province of Prince Edward Island has created a tax free zone for aerospace companies. Administered through Innovation PEI, the program includes a full annual rebate of provincial sales tax, income tax and property tax to qualifying companies.
Other compelling reasons for establishing a presence at Slemon Park include: