Bombardier Inc, manufacturer of a large range of regional and business aircraft, revealed Wednesday 15 November that its aerospace division will be investing $200 million over eight years to set up a manufacturing facility in Morocco.
The region has already attracted France's EADS and Safron in a government attempt at developing the North African country's aerospace industry.
Bombardier has manufacturing plants in the United States, Northern Ireland, and Mexico. Much of the company's commercial and business jet production takes pace in Canada, but high labour costs and a strong Canadian dollar have increased production costs. Setting up a facility in Morocco is 'consistent with their strategy to improve their overall cost of structure,' BMO Capital Markets analyst Fadi Chamoun said.
The production of the plant will begin in 2013. Much of the manufacturing will be on simple plane parts, such as floor sections and panels, and will not be part of a specific plane program, said Bombadier spokeswoman, Haley Dunne.
The announcement coincides with the Dubai Airshow taking place this week, where Bombardier unveiled the flight deck of its new C-series plane and received an initial order for 10 single aisle jets.
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