Bombardier has announced that the city of Mississauga, Canada, will be home to a new global manufacturing centre for its Global business jets.
The one million square foot facility will be located on Toronto Pearson lands, and will see the final assembly line for the manufacturing of Bombardier's Global jets and includes a hangar space for pre-flight activities.
"Mississauga is thrilled to welcome Bombardier to our city - a leading global aerospace hub and home to Canada's largest aerospace sector," said Mississauga Mayor Bonnie Crombie. "Bombardier could have picked anywhere in the world to locate their Global Manufacturing Centre but they chose Mississauga.
"Not only will this investment support jobs and attract talent, but it will also boost economic growth and help raise Mississauga's profile as global aerospace hub where innovation in aerospace thrives."
The new facility will have the capacity to build up to 100 aircraft a year and will support thousands of jobs. Mississauga is one of the largest business centres in Canada, made up of over 98,000 businesses, 1,400 multi-national firms and 76 Fortune 500 companies.
Alain Bellemare, President and CEO of Bombardier, said: "Today, I'm very excited to announce the relocation of our Global aircraft family production activities to a new, cutting-edge manufacturing facility at Toronto Pearson. This is a strategic move for Bombardier and a strong committent to Ontario's aerospace industry. It will allow us to offer world-class career opportunities and continue fuelling the economic development of the region for years to come."
Mississauga's aerospace cluster is the largest in Canada with more than 345 aerospace companies employing 28,000 people. The city's business community also includes life Sciences, advanced manufacturing (aerospace,automotive, clean tech, and food and beverage) IT, financial services and real estate.
Across the Atlantic last month, Bombardier ramped up production on several contracts in its Derby factory, creating 400 new jobs.