By Ross Marowits, The Canadian Press <\/p>\n
MONTREAL - A unit of the European aerospace giant that owns Airbus plans to create more than 150 jobs in Quebec in a project that will see it build the centre fuselage for new business jets being made by Bombardier Inc. (TSX:BBD-B.TO - News). <\/p>\n
Aerolia, a subsidiary of EADS, says the jobs will be created at two sites as it supplies a key component of the Bombardier Global 7000 and 8000 jets. <\/p>\n
The provincial government is providing $15 million, including a $5-million grant, towards the $82.4-million project in the Montreal area. <\/p>\n
Aerolia will begin its development efforts by mid-2013. Production of the first sub-assemblies will take place in Aerolia's sites in France and Tunisia. <\/p>\n
The work will later be transferred to Quebec. <\/p>\n
Bombardier is the world's largest manufacturer of business jets and the third-largest maker of passenger gets overall, after Airbus and Boeing. <\/p>\n
The EADS Group, which includes Aerolia and Airbus and numerous other companies in the defence and aerospace industry, employs 133,000 people worldwide. Aerolia has 2,900 employees around the world and $1.18 billion of sales. <\/p>\n
Aerolia Canada was established a year ago and its design office in Montreal employs 100 engineers to design the centre fuselage. <\/p>\n
\"The announcement of the construction of an assembly plant in Quebec formalizes a major, ambitious and exciting step forward, thereby giving concrete form to the industrial chapter of our contract with Bombardier,\" stated Christian Cornille, CEO of Aerolia. <\/p>\n<\/p>\n
The rest is here:<\/p>\n
European aerospace firm expands in Quebec to build jet fuselage for Bombardier<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" By Ross Marowits, The Canadian Press MONTREAL - A unit of the European aerospace giant that owns Airbus plans to create more than 150 jobs in Quebec in a project that will see it build the centre fuselage for new business jets being made by Bombardier Inc. (TSX:BBD-B.TO - News) Continue reading