Bombardier's Global business jets are recognized throughout the industry as the ultimate in design and performance. "The acquisition of the ExelTech facility positions us to better serve our customers with the highest quality completions for our flagship Global business aircraft," said Steve Ridolfi, President, Bombardier Business Aircraft.
Bombardier forecasts that the 115,000 sq.-ft. (10,684 sq.-m.) facility will be operational by the fall of 2010.
The acquisition of this facility from RSM Richter Inc., in its capacity of receiver of ExelTech Aerospace Inc., is subject to closing conditions including obtaining the approval of the Superior Court of Quebec, as is customary for this type of transaction.
A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2010, were $19.4 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com.
Bombardier, Global, Global 5000 and Global Express XRS are either registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.
Contacts: Bombardier Business Aircraft Haley Dunne 1-514-855-7595 Email Contact www.bombardier.com