08/04/2004

Bombardier announces £33m Belfast investment

Bombardier has announced that it is to invest £33 million in two aircraft programmes at its Belfast plant.

The two projects will provide components for the Bombardier Learjet 40, a six to seven seat light business jet, and the 12-19 seat long range Bombardier Global 5000 business jet.

The fuselage for the Learjet 40 and the forward fuselage, horizontal stabiliser, wing-to–fuselage fairing and other advanced composite components for the Global 5000, are being designed and manufactured in Northern Ireland. Work is already underway in Belfast on both programmes.

Enterprise Minister Barry Gardiner said: "This investment will help ensure that Bombardier’s Belfast company remains a globally competitive centre of excellence for the design and manufacture of major aircraft components within the Canadian-owned aerospace group. These programmes are immensely important, not only for Bombardier in Northern Ireland, but also for the wider economy."

Stressing the importance of both programmes to the company’s future development, Michael Ryan, Vice President and General Manager, Bombardier Aerospace, said: “The two projects enable the company to continue to provide an integrated service to Bombardier, from conceptual design through to the manufacture of major components, across a number of areas where we have recognised expertise.

"They further increase the amount of business being done with the Bombardier Aerospace group and our investment in Northern Ireland. We are now involved in 11 of Bombardier’s 14 aircraft programmes and Bombardier has invested more than £1 billion in Northern Ireland in new product development, new facilities and training in the past 14 years."

Invest NI has offered £8.8million in financial assistance to Bombardier Aerospace, Belfast, towards the investment costs of the projects.

(MB)

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