Trade

Bombardier to sell off Belfast plant

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Canadian aerospace company Bombardier on Thursday announced it is putting its Northern Ireland operations up for sale.

“As the company moves to optimize its global manufacturing footprint, Bombardier will pursue the divestiture of the Belfast and Morocco aerostructures businesses,” said CEO Alain Bellemare. “These are great businesses with tremendous capabilities.”

Bellemare said the company is consolidating its aerospace operations — Bombardier also builds trains — under one brand, Bombardier Aviation, and will shore up its factories in Canada, Mexico and Texas, where the company will get “all the skills, technologies and capabilities to design, produce and service the current and next generation of aircraft.”

The plant in Belfast employs 3,600 people, and was the focus of a transatlantic diplomatic tussle in 2017 when the U.S. government pursued Bombardier for having receiving illegal subsidies. That would have prevented the company — and its Belfast plant — from manufacturing planes and selling them in the U.S.

While the U.S. International Trade Commission Read More – Source

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