Monday, November 13, 2017

C Series impact outlined

Bombardier Inc. is forecasting it plans to spend $300 million on its C Series assembly facility in Mobile, Ala., creating as many as 2,000 jobs in the U.S. Airbus and Canada-based Bombardier announced in October that they had agreed to form a partnership to build Bombardier's C Series passenger jets in Mobile. The C series project would create 400 to 500 direct jobs and 550 to 700 indirect jobs at supplier and support companies. The forecast was part of a regulatory filing. Still to be determined is the fate of the proposed import duties of 300 percent on the C Series tentatively imposed by the U.S. Department of Commerce in response to a price-dumping claim made by Boeing. (Sources: multiple, including Montreal Gazette, 11/08/17; al.com, 11/09/17; Witchita Business Journal, 11/10/17)