Bombardier reacts to surging backlog
“A strong market for strong products” is driving growth at Bombardier Aerospace, according to president and chief executive officer Pierre Beaudoin.

“A strong market for strong products” is driving growth at Bombardier Aerospace, according to president and chief executive officer Pierre Beaudoin. The Canadian group is increasing its 27,000-strong workforce even as it faces the challenge of achieving earnings growth targets subject to currency exchange fluctuations that have led it to outsource more work to lower-cost partners.

The company’s latest move is to set up a major aerostructures assembly and electrical-harness fabrication plant in Queretaro, Mexico. In less than two years, Bombardier established 1,000 new jobs there, a number it expects to triple before 2010. “Queretaro is bringing down our manufacturing costs,” said Beaudoin.