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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Post by clubhouse19on Nov 03, 2021 12:50pm
384 Views
Post# 34082770

From the globe

From the globe

Globe says Bombardier feeling the love in Toronto

Bombardier Inc (C:BBD)
Shares Issued 2,132,091,069
Last Close BBD.B 11/2/2021 $2.03
Wednesday November 3 2021 - In the News

The Globe and Mail reports in its Wednesday edition that Bombardier will invest $400-million in a new Mississauga manufacturing plant that is set to open in 2023, chief executive officer Eric Martel announced on Tuesday. The Globe's Jaren Kerr writes that the company, which is focused solely on building business jets after selling off its commercial airplane and train-making divisions in 2020, will move the 2,000 employees who work at its Downsview plant in Toronto to Mississauga at Pearson International Airport, where the company will build its Global line of jets, including its flagship Global 7500 plane. Bombardier said the new facility will cut greenhouse gas emissions and energy consumption by more than half compared with Downsview, which was built in the 1960s. The lease on the 770,000-square-foot Mississauga property ends in 2056. Mr. Martel told The Globe that the company considered building the new plant in other locations where they have a presence, such as Quebec or in Wichita, Kan., but opted to stay in the Toronto area because it has a good relationship with its work force, which is represented by the Unifor trade union. "We felt also that we were welcomed by the community," Mr. Martel said.

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