Boeing will invest 240 million in Quebec

Boeing’s establishment in the Quebec aerospace industry will be accompanied by investments of several hundred millions. The American giant will put 240 million on the table.


These projects of the multinational, revealed by The Press last week, were confirmed on Tuesday during Aéro Montréal’s International Aerospace Innovation Forum. Overall, all announced investments total 415 million.

Read Boeing lands in the metropolis

The Legault government, which contributes 85 million, also confirmed the creation of an aerospace innovation zone, which will be deployed in three centers: Longueuil (borough of Saint-Hubert), Montreal (borough of Saint-Laurent ) and Mirabel.

” Quebec [est] now the only place in the world where the three aviation giants, Airbus, Boeing and Bombardier, are directly present, said Prime Minister François Legault. That says a lot about the quality of our business environment, but also about the talent of the Quebec workforce and the quality of the research that is done here. »

Boeing’s projects will focus on three main axes: a research and innovation center which should see the light of day in the Montreal borough of Saint-Laurent (110 million), a collaboration with Héroux-Devtek to develop new trains landing (35 million) and the growth of its subsidiary Wisk Aero (95 million), which is working on a prototype of an electric flying taxi, in the province.

Quebec will also take a stake in the Swiss company H55, which specializes in the electrification of a hybrid electric motor which will power a Dash 8 propeller plane. This company is working to build a battery pack factory on the South Shore of Montreal.

Boeing is expected to generate billions in economic benefits after securing a $5.4 billion contract last November to deliver up to 16 Poseidon P-8As to replace the Royal Canadian Air Force’s (RCAF) aging surveillance aircraft. ).

Federal government rules require Boeing to generate, in Canada, economic benefits equivalent to the portion of the contract surrounding the construction of the Poseidon. Monitoring of commitments must in principle be carried out by federal civil servants.

Read A “flagship project” of Boeing’s promises


source site-60