Huge jet plant at Pearson Airport in Mississauga will cost around half a billion dollars

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By Declan Finucane

Posted on October 29, 2021 at 8:59 am

The new Bombardier of 770,000 sq.ft. The state-of-the-art business jet manufacturing plant to be built at Pearson Airport in Mississauga will cost approximately half a billion dollars.

According to the schedule expected to be completed in 2023, the Montreal-based company’s huge global manufacturing center will provide continuous employment for the 2,000 workers currently at Bombardier’s final assembly plant in Downsview, officials said. of the company.

In addition, according to Bombardier, the new facility demonstrates that the company “has doubled its commitment to manufacturing in Ontario and consolidated its presence in Mississauga after a long history in the region.”

The jet aircraft manufacturing plant is a fully private investment by Bombardier to build “the best-in-class business jets in a new, state-of-the-art, environmentally friendly facility,” said the company, which will provide an update early next week on the construction of the plant.

Officials from the Greater Toronto Airports Authority (GTAA), which oversees Pearson Airport, said in September that the next phase of the massive project is expected to be completed by the end of November.

The Global Manufacturing Center is expected to help rebuild the airport employment area, which before COVID was home to the second largest concentration of jobs in Canada, according to the GTAA.

When the plant opens, it will house the world’s most advanced aircraft manufacturing processes, says Bombardier, which, with more than 68,000 employees, is a global leader in the transportation industry. The company, established in 28 countries, also builds trains.

The state-of-the-art facility will optimize final assembly operations for all Global business jets, including the industry’s flagship business jet Global 7500. The plant will also strengthen Canada’s position in the global market. business aviation. Bombardier signed a long-term lease to remain on the premises.

Mississauga Mayor Bonnie Crombie said earlier she was grateful to Bombardier for choosing the Mississauga site for its plant, which will be able to build up to 100 planes each year.

“Bombardier could have chosen many other locations around the world to locate their new global manufacturing center, but they chose Mississauga,” Crombie said previously. “Our city is excited about this investment as it will create new high-quality jobs, drive economic growth and help raise Mississauga’s profile as a global aerospace hub, home to the largest aerospace cluster in the world. Canada.

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