Bombardier Announces Construction of New Global Manufacturing Centre in Mississauga is on Track, Reiterates Sustainment of 2,000 Jobs and Commitment to Aerospace Community in Ontario
- Set for completion in 2023, the new world-class facility for final assembly of Global aircraft will exemplify Bombardier’s commitment to sustainability
- Environmentally responsible features will reduce energy consumption by almost 60% and will lower greenhouse gas emissions by more than half
- The state-of-the-art facility at Toronto Pearson International Airport represents a private investment of approximately $400M USD by Bombardier and will provide continued employment to the 2,000 highly skilled Bombardier employees currently working at Bombardier’s existing Downsview facility
- Bombardier reiterates continued involvement in the aerospace cluster through active engagement in the Downsview Aerospace Innovation & Research (DAIR) consortium and other initiatives
MISSISSAUGA, Ontario, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Bombardier provided further details on the construction of its new, state-of-the-art facility at the Toronto Pearson International Airport that will optimize final assembly operations for its family of Global business jets, including the industry flagship Global 7500 aircraft. In an event attended by Bonnie Crombie, Mayor of the City of Mississauga, Deborah Flint, President and CEO of the Greater Toronto Airports Authority, Jerry Dias, National President at Unifor, and several other key representatives of the Greater Toronto aerospace community, the company reiterated its commitment to continue the momentum of its presence in Ontario.
On track for completion in 2023, the facility will provide a new home to the Global Manufacturing Centre, currently located in nearby Downsview, ON. The move, which represents a private investment by Bombardier of approximately $400 million USD, will provide continued employment to the 2,000 employees currently working at Bombardier’s Downsview facility.
“We came here today to show you first-hand that construction of our new Global Manufacturing Centre of Excellence is advancing as planned,” said Éric Martel, President and Chief Executive Officer, Bombardier. “We are extremely proud of the people who have been producing our best-in-class business jets for decades here in Ontario, and with the rising demand for large-cabin, long-range aircraft, we are looking forward to providing our teams with a new, state-of-the-art work environment,” he added.
The Downsview plant was built in the 1960s, and the transition to the new, 770 000 sq. ft. facility at Pearson Airport in Mississauga will significantly reduce Bombardier’s industrial and environmental footprint in the area. The company is embracing the opportunity to incorporate as many environmentally responsible features as possible. Energy consumption will be reduced by just under 60% by focussing on natural and more efficient lighting elements, and newer heating methods and updated processing systems will lower greenhouse gas emissions by more than half. Considerably less water will be used in the manufacturing process thanks to the modifications implemented in the processing shop workflow. In parallel, electric vehicles will be favoured for onsite transportation and three Sustainable Aviation Fuel (SAF) tanks will provide fuel for departing aircraft.
During the event, Bombardier also confirmed it will remain active in creating educational and job opportunities for future generations of aerospace talent in the Greater Toronto Area, particularly through its continued involvement in the DAIR consortium. The consortium, which the company cofounded with Centennial College, drives local collaborative research and development to help small and medium aerospace hub businesses scale up. “It is our continuing strategy to further support local innovation, harness the ingenuity of future aerospace professionals and enrich our local supply chain. Our involvement with DAIR enables us to realize this vision and it is one that we value greatly,” said Éric Martel.
Martel also emphasized the importance of local partnerships in facilitating the successful transition to a new production site. “I want to thank the City of Mississauga and the Regional Municipality of Peel, as well as our partners at the Greater Toronto Airports Authority for making us feel truly welcome in our future new home here in Mississauga.”
“I'm so proud that Bombardier, one of the world’s most innovative aviation companies, has chosen to make this very significant investment in Mississauga,” said Mississauga Mayor Bonnie Crombie. “By opening its new Global Manufacturing Centre of Excellence in our city, Bombardier will strengthen our world-class aviation sector by continuing its relationship with Mississauga-based companies that provide leading-edge capabilities to support Bombardier’s family of Global business jets. I look forward to working with Bombardier and Pearson to find new ways to bring more aerospace investment to Mississauga”
“Toronto Pearson has a vision to be the airport of the future – from our approach to health and safety through our globally recognized Healthy Airport program to creating a more modernized airport experience,” said Deborah Flint, President and CEO, GTAA. “And part of being the airport of the future means building partnerships that confer greater economic and social opportunities on the communities we serve. Bombardier’s focus on innovation and connection is a perfect fit for Toronto Pearson as we build back a better, more resilient, more innovative aviation and aerospace sector right here in Mississauga.”
"Unifor aerospace members' skills are virtually unmatched and the aircraft they build are unrivaled in their class," said Jerry Dias, Unifor National President. "The new production facility will help secure advanced manufacturing jobs for the long term and will be a proud new home for highly-skilled Bombardier workers for generations to come."
“Ledcor is proud to be building Bombardier’s new state-of-the-art manufacturing facility at Toronto Pearson International Airport,” said Ray Lawrence, Vice President, Ontario, Ledcor Construction. “We are excited to work with the project and design team to achieve Bombardier’s sustainability and energy efficiency targets.”
Bombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.
Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of over 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.
News and information is available at bombardier.com or follow us on Twitter @Bombardier.
Visit the Bombardier Business Aircraft website for more information on our industry-leading products and services.
Bombardier, Global and Global 7500 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.
Tinca Stokojnik Prouvost
514-855-5001, ext. 51674
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Saniona Chairman J. Donald deBethizy and CEO Rami Levin, as well as additional members of the board and management, purchase Saniona shares in the open market2.12.2021 22:45:00 CET | Press release
PRESS RELEASE December2, 2021 Saniona (OMX: SANION), a clinical stage biopharmaceutical company focused on rare diseases, today announcedthat the Chairman and the CEO, as well as additional members of the Board of Directors and executive management team, have purchased 82,000 shares of the company in the open market for a total value of approximately SEK 861,182. Saniona Chairman of the Board J. Donald deBethizy bought 20,000 shares in the company for a total investment of SEK 228,548. President and CEO Rami Levin bought 10,000 shares in the company for a total investment of SEK 100,045. In addition, a total of 52,000 shares were acquired by the other members of Saniona's Board of Directors and executive management team. All transactions have been made in the open market through broker-assisted trades during the period from 19 November 2021 to 2 December 2021. For more information, please contact Trista Morrison, Chief Communications Officer, Saniona. Office: + 1 (781) 810-9227. Email:
Sanionas styrelseordförande J. Donald deBethizy, VD Rami Levin och andra styrelseledamöter och ledande befattningshavare förvärvar aktier i ordinarie börshandel2.12.2021 22:45:00 CET | Pressemelding
PRESSMEDDELANDE 2 december 2021 Saniona (OMX: SANION), ett biofarmaceutiskt företag med klinisk utveckling fokuserad på sällsynta sjukdomar, meddelar idag att styrelsens ordförande, VD och andra ledamöter i styrelsen och ledningsgruppen har förvärvat 82 000 aktier i bolaget i ordinarie börshandel för totalt 861182 SEK. Sanionas styrelseordförande J. Donald deBethizy har köpt 20 000 aktier i bolaget, en investering om totalt 228 548 SEK. Koncernchef och VD Rami Levin har köpt 10 000 aktier i bolaget, en investering om totalt 100 045 SEK. Utöver det har sammanlagt 52 000 ytterligare aktier förvärvats av övriga medlemmar i styrelsen och ledningsgruppen. Alla transaktioner har gjorts i ordinarie börshandel genom etablerade aktiemäklare under perioden 19 november 2021 till 2 december 2021. För ytterligare information, vänligen kontakta Trista Morrison, Chief Communications Officer, Saniona. Kontor: + 1 (781) 810-9227. E-post: firstname.lastname@example.org Informationen lämnades, genom ovanstå
PubMatic Executive Peter Barry Promoted to Global Role of VP Addressability2.12.2021 22:00:00 CET | Press release
Barry to relocate to New York to lead PubMatic’s audience data business NO-HEADQUARTERS/REDWOOD CITY, Calif., Dec. 02, 2021 (GLOBE NEWSWIRE) -- PubMatic (Nasdaq: PUBM), a sell-side platform that delivers superior outcomes for digital advertising, today announced it has appointed Regional Director, Australia and New Zealand & Head of Audience, APAC, Peter Barry to a global role, naming him VP of Addressability. Barry, who joined the company in 2016, will relocate from Sydney to New York for the new role. He will provide overall leadership across multiple cross functional teams and lead efforts with publishers to ensure they monetise their inventory and drive better outcomes for advertisers and data partners. Barry has been responsible for rolling out the company’s Addressability Suite across APAC, and working with leading data and identity partners in the region. PubMatic’s Addressability Suite includes Audience Encore, which enables data companies, publishers, and advertisers to buy an
PubMatic Executive Peter Barry Promoted to Global Role of VP Addressability2.12.2021 22:00:00 CET | Press release
Barry to relocate to New York to lead PubMatic’s audience data business NO-HEADQUARTERS/REDWOOD CITY, Calif., Dec. 02, 2021 (GLOBE NEWSWIRE) -- PubMatic (Nasdaq: PUBM), a sell-side platform that delivers superior outcomes for digital advertising, today announced it has appointed Regional Director, Australia and New Zealand, Peter Barry to a global role, naming him VP of Addressability. Barry, who joined the company in 2016, will relocate from Sydney to New York for the new role. He will provide overall leadership across multiple cross functional teams and lead efforts with publishers to ensure they monetise their inventory and drive better outcomes for advertisers. Barry has been responsible for rolling out the company’s Addressability Suite across APAC, and working with leading data and identity partners in the region. PubMatic’s Addressability Suite includes Audience Encore, which enables data companies, publishers, and advertisers to buy and sell first-party data and utilize it to c
Bombardier Marks Dual Celebration – NetJets Accepts First Global 7500 Business Jet as Bombardier Delivers 1,000th Global Aircraft2.12.2021 20:05:00 CET | Press release
Delivery of industry’s longest-range business jet marks the first of 20 Global 7500 aircraft to join the NetJets fleet Global 7500 aircraft continues to garner significant interest from customers who value features such as the largest and most unique cabin, innovative technology, unparalleled performance and the smoothest ride MONTRÉAL, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Bombardier announced today the delivery of the 1,000th Global aircraft. The major milestone was reached as the NetJets team led by Patrick Gallagher, President, Sales, Marketing and Services, took delivery of the private aviation company’s first Global 7500 business jet. The addition of a Global 7500 aircraft to the NetJets fleet redefines its large-cabin, long-range offering, and elevates the choice of travel options for its international Owners. With a 7,700 nm (14,260 km) range, NetJets Owners will be able to fly from New York to Beijing or San Francisco to Sydney without refueling stops. The Global 7500 aircraft is
Ultimovacs Granted Orphan Drug Designation by FDA for UV1 Cancer Vaccine in Metastatic Melanoma2.12.2021 19:00:00 CET | Press release
Designation covers UV1 in Metastatic Melanoma as sole agent or part of combination Seven-year market exclusivity after regulatory approval, if received Oslo, 2December2021: Ultimovacs ASA ("Ultimovacs") (OSE ULTI), a clinical stage leader in immune stimulatory vaccines for cancer, today announces that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation (ODD) for the company’s universal cancer vaccine UV1 for the treatment of stage IIB – IV melanoma. UV1, as add-on therapy to checkpoint inhibitors ipilimumab and nivolumab, is currently being studied as first-line treatment for metastatic melanoma in a Phase II trial named INITIUM. The FDA Office of Orphan Products Development (OOPD) supports and advances the development and evaluation of new treatments for rare diseases that affect fewer than 200,000 people in the U.S. Orphan drug designation provides certain benefits, including seven-year market exclusivity upon regulatory approval if received, exemption fro
Mandalay Resources Corporation säljer Cerro Bayo-gruvan till Equus Mining2.12.2021 18:49:34 CET | Pressemelding
TORONTO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation (”Mandalay” eller ”bolaget”) (TSX: MND, OTCQB: MNDJF) har nöjet att meddela att man har slutfört den tidigare aviserade försäljningen av Cerro Bayo-gruvan i Region XI i södra Chile (se Mandalays pressmeddelanden från den 12 oktober 2021 och den 8 oktober 2019). I enlighet med transaktionen förvärvade Equus Mining Limited (”Equus”) Cerro Bayo-gruvan, inklusive dess gruvanläggningar, -tillgångar och -infrastruktur samt en bearbetningsanläggning på 1 500 ton per dag, i utbyte mot 587 502 438 stamaktier i Equus. Mandalay får också en nettoprovision på smältning på 2,25 % på produktionen från Cerro Bayo-gruvan när gruvan har producerat minst 50 000 uns guldekvivalent, som omfattas av en återköpsoption till förmån för Equus. Bolaget förblir ansvarigt för 50 % av de godkända kostnaderna för stängningen av anläggningen vid Cerro Bayo. Dessutom kommer Equus att utse Ryan Austerberry, Mandalays General Manager för Costerfi