Huge jet-building plant at Pearson Airport in Mississauga to cost approximately half-a-billion dollars
Published October 29, 2021 at 8:59 am
Bombardier’s new 770,000-sq.-ft. state-of-the-art business jet manufacturing plant to be built at Pearson Airport in Mississauga carries a price tag of around half-a-billion dollars.
On schedule to be completed in 2023, the Montreal-based company’s massive Global Manufacturing Centre will provide continued employment to the 2,000 workers currently at Bombardier’s Downsview final assembly facility, company officials say.
Additionally, Bombardier says, the new facility demonstrates the company “has doubled down on its commitment to manufacturing in Ontario and cemented its presence in Mississauga after a long history in the area.”
The jet manufacturing facility is a fully-private investment made by Bombardier to build “best-in-class business jets in a new, state-of-the-art and environmentally sustainable facility,” said the company, which will provide an update early next week on construction of the plant.
Officials with the Greater Toronto Airports Authority (GTAA), which oversees Pearson Airport, said in September that the next phase of the massive project is slated for completion by the end of November.
The Global Manufacturing Centre is expected to help rebuild the Airport Employment Zone, which pre-COVID was home to the second-largest concentration of jobs in Canada, according to the GTAA.
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When the plant opens, it will be home to the most advanced aircraft manufacturing processes in the world, says Bombardier, which with more than 68,000 employees is a global leader in the transportation industry. The firm, with facilities in 28 countries, also builds trains.
The cutting-edge facility will optimize final assembly operations for all Global business jets, including the industry flagship Global 7500 business jet. The plant will also reinforce Canada’s position in the business aviation market. Bombardier has signed a long-term lease to remain at the location.
Mississauga Mayor Bonnie Crombie said earlier she’s thankful Bombardier chose the Mississauga site for its plant, which will be capable of building as many as 100 aircraft each year.
“Bombardier could have chosen many other places in the world to locate its new Global Manufacturing Centre, but they have chosen Mississauga,” said Crombie previously. “Our city welcomes this investment as it will bring new, high-quality jobs, boost economic growth and help raise Mississauga’s profile as a global aerospace hub, home to Canada’s largest aerospace cluster.”
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