Haley Industries is a Canadian company that manufactures lightweight metal castings for use in aerospace applications.
It was set up with the support of the Canadian government in order to contribute to the development of Canada's fledgling aerospace industry.
The aircraft first flew in 1958, but delays, rising costs and a change of government led to the programme's cancellation in 1959.
Haley and Presto are now owned by the Magellan Aerospace Corporation,[3] and continues to make lightweight castings for air, space and specialized engineering applications.
In 2004, the company was named as one of Ontario's three worst water polluters by the Sierra Legal Defence Fund.