Bombardier Inc. is set to invest approximately $100 million in a new manufacturing plant in Montreal. This facility aims to enhance the company’s production capacity to meet rising demand for luxury private jets. The announcement coincides with strong performance indicators for the business aviation sector.
New Manufacturing Plant Details
The new Bombardier plant will cover 126,000 square feet and will be located near existing facilities in Dorval. It is scheduled to open by the end of 2027. This investment reinforces Bombardier’s commitment to growing its production capabilities in response to market demands.
Support for Diverse Product Lines
While primarily focused on luxury private jets, the new plant will also support Bombardier’s defense-related aircraft platforms. David Murray, Bombardier’s manufacturing chief, emphasized the strategic significance of this expansion in a recent announcement.
Market Demand and Financial Performance
The demand for private jets remains robust, with Bombardier reporting a five-year high in its backlog. The company’s order volume surged by $500 million during the third quarter, reaching $16.6 billion. This trend positions Bombardier favorably in an industry facing challenges from U.S. import tariffs.
Future Industry Projections
Industry expert Rolland Vincent predicts that approximately 820 business jets will be delivered in 2025, marking a significant recovery for manufacturers since 2019. Despite hurdles such as supply chain disruptions, Bombardier’s supply chain issues have normalized, with ongoing concerns primarily focused on engine availability.
Recent Investments and Support
- Opened a new manufacturing facility in Moorpark, California, in August 2022.
- Inaugurated a $400 million factory at Toronto Pearson International Airport in 2024.
In addition to its own investments, the Quebec government’s investment arm is supporting Bombardier’s new plant with a $35 million repayable loan. This financing is expected to create hundreds of skilled jobs and enhance Quebec’s aerospace sector.
Conclusion
With its new investment in Montreal, Bombardier is poised to strengthen its position in the global business aviation market. As the company expands its manufacturing capabilities, it aims to meet increasing demand and contribute to economic growth in Quebec.
