What Happened
Canadian Jet Builder Expands Manufacturing Footprint
Bombardier Inc. has agreed to buy an aerostructures plant in Mississauga, Ontario, from MHI Canada Aerospace, a Mitsubishi Heavy Industries Group holding. The 270,000-sq.-foot plant manufactures wing assemblies and center fuselage sections for Bombardier’s business jets. The acquisition is expected to strengthen Bombardier’s supply chain and manufacturing footprint, and support the company’s ability to meet sustained demand for its aircraft portfolio. The sale is expected to close later this year, according to an article by American Machinist.