Bombardier to sell Belfast business - aerospace giant employs 4,000 in Northern Ireland
Canadian aerospace giant Bombardier has announced it plans to sell its aerostructures business in Belfast.
The Montreal based group has also announced plans to sell its operation in Morocco. Around 4,000 people are employed in the east Belfast plant.
No new redundancies have been announced and Bombardier has said it is committed to finding the right buyer.
Bombardier is already embarking on a series of cost-cutting measures within its Northern Ireland business. In November it announced plans to shed 490 jobs, which would leave its workforce at 3,600, around half of what it was five years ago.
In a statement the company said: “Our sites in Belfast and Morocco have seen a significant increase in work from other global customers in recent years. We are recognised as a global leader in aerostructures, with unique end-to-end capabilities – through design and development, testing and manufacture, to after-market support.
“Bombardier is committed to finding the right buyer – one that will operate responsibly and help us achieve our full growth potential.
“We understand that this announcement may cause concern among our employees, but we will be working closely with them and our unions as matters progress, and through any future transition period to a new owner.
“There are no new workforce announcements as a result of this decision, but our management team will continue to drive ongoing transformation initiatives to improve productivity and increase our competitiveness, to give more weight to our unique value proposition to potential buyers.”