Search EDI

Latest Stories

 

 

 

By Industry

MRO



MBA Member

Enter your Email


Preview | Powered by FeedBlitz
EDI Resources
Featured Sections

« Ford introduces newest electric wagon for business users | Main | Electricity group wants big changes in Ontario »
Wednesday
Nov162011

Bombardier Aerospace to build plant in Morocco

Bombardier Global 6000 interior

Bombardier Aerospace has signed a memorandum of understanding (MOU) with the Government of the Kingdom of Morocco for the establishment of a manufacturing facility in Morocco at a location to be announced at a later date. The Montreal-based aerospace company intends to invest approximately $200 million US in equipment, buildings and start-up costs over the next eight years. The announcement was made at the Dubai Airshow 2011.

Scheduled to be implemented in phases starting in 2012, the new Moroccan facility will initially include sub-assembly capabilities for simple structures, with manufacturing beginning in 2013.

By the end of 2020, employment at the Morocco facility is expected to reach 850 skilled and trained workers. Bombardier Aerospace anticipates that there will be no impact on its current workforce level at other sites as a result of this announcement.

"Globalization of our industry has opened up new markets and new opportunities," said Guy C. Hachey, President and Chief Operating Officer, Bombardier Aerospace. "We have progressively extended our business presence around the world and we are continuing today to better serve our international customers."

He added that Bombardier is committed to a long-term relationship with the Moroccan Government to develop a world-class aerospace industry in that country. Bombardier will act as a "catalyst" for the industry in Morocco and will look for opportunities to share its knowledge and manufacturing expertise.

Bombardier chose Morocco  because of internationally competitive manufacturing costs, low shipping and transportation costs, proximity to Europe, and the commitment by the Moroccan Government to the development of the aerospace industry.

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>