Bombardier facilty in Casablanca

Last November, Bombardier
Aerospace anounced that it would establish a manufacturing facility in Morocco.
Bombardier Aerospace has signed an agreement with Midparc Investment to
purchase from them the land required for its new plant in the Midparc
Casablanca free zone, in Nouaceur.

“The selection of Nouaceur as the site for our fully integrated
manufacturing facility is an important first step in the successful
establishment of Bombardier Aerospace in Morocco,” said Guy Hachey,
president and chief operating officer, Bombardier Aerospace. “The site met
our stringent requirements and high standards and we look forward to the start
of the construction and production of the first Moroccan-built Bombardier
aircraft components.

“We are committed to our long-term relationship with the Moroccan
Government to develop a world-class aerospace industry and to serve as a
catalyst for this industry in the country,” Hachey added.

“We are proud of the confidence shown by Bombardier, the launch customer
of the Midparc Casablanca Free Zone, a new integrated industrial platform
linked to the industrial development plan and dedicated to aerospace, defense
and on-board electronic safety industries,” said Benbrahim El Andaloussi,
Midparc president, the Moroccan company responsible for the development of this
free zone and affiliated with Midparc Investment.

Bombardier Aerospace intends to invest approximately $200 million in equipment,
buildings and start-up costs over the next eight years. Construction of the
facility will take place in phases starting in 2012.

Capabilities at the new
plant, which will complement Bombardier Aerospace’s existing manufacturing sites,
will initially include sub-assembly for simple structures. Details on the type
of components to be manufactured are being finalised.