Acquired The de Havilland Aerospace Plant In 1992

Bombardier celebrated a 20-year history in Ontario with a special event held Tuesday at the company's aerospace facility in Toronto. Bombardier CEO Pierre Beaudoin, joined by Ontario Premier Dalton McGuinty, held a conversation with the company's more than 6,200 Ontario employees gathered in Toronto and at the company's manufacturing facilities in Thunder Bay, North Bay and Kingston.

"In 1992, during a global economic downturn, Bombardier acquired the de Havilland Canada aerospace plant, and the Urban Transportation Development Corporation (UTDC) in Thunder Bay and Kingston," said Mr. Beaudoin. "Bombardier invested in the facilities and employees in Ontario, believing that they had what it takes to help us become a world-class maker of planes and trains. Today I am proud that our 6,200 employees in Ontario contribute more than $2.7 billion to the Ontario economy, and generate more than $650 million of business for nearly 300 Ontario-based suppliers."

"Just as Bombardier employees can point to trains and planes around the world and say: 'I built that,' we can look at the partnership between Ontario and Bombardier and see that we've built a lot, together," said Ontario Premier Dalton McGuinty. "Ontarians have invested in skills, education, infrastructure and a strong society. Bombardier -- with its advanced manufacturing, strong R&D and world-class products - has not only made the most of Ontario's competitive advantages, it added to them."

"We are very proud that the planes and trains Bombardier makes right here in Ontario move thousands of Ontarians and people around the globe, every day," added Mr. Beaudoin. "Here in Toronto, as the largest manufacturer in the Greater Toronto Area, we build the planes that Porter Airlines flies, as well as those flown by Jazz and Sky Regional under the Air Canada Express banner. We look forward to seeing our airplanes flying for WestJet soon. Bombardier's 300-strong team in Kingston is part of a center of global excellence. Our iconic yellow water bombers that help firefighters all over the world come from our facility in North Bay. We at Bombardier are celebrating our 20-year history in Ontario as we invest in the continued evolution of mobility, making transit and transportation more efficient for travellers and greener for the environment."

FMI: www.bombardier.com