Investors looked askance at Kinross, which has significant operations in Russia, even as the miner insisted that the new rules did not affect its business, and within months, plane and train
maker Bombardier Inc. put a high profile $ 3.4 billion airplane assembly project on hold.
OTTAWA — The United States announced Tuesday that it would impose duties on imports of a new jet made by the Canadian jet
maker Bombardier, a decision likely to fuel trade tensions between the United States and Canada just as the two countries face off over the future of the North American Free Trade Agreement.
Canadian plane and train
maker Bombardier Inc has agreed to sell its Toronto aircraft assembly site to a pension fund as it strives to raise extra...
May 3 (Reuters)- Canadian plane and train
maker Bombardier Inc has agreed to sell its Toronto aircraft assembly site to a pension fund as part of efforts to raise extra cash under a five - year recovery plan.
May 3 - Canadian plane and train
maker Bombardier Inc has agreed to sell its Toronto aircraft assembly site to a pension fund as it strives to raise extra cash under a five - year recovery plan.
May 3 - Canadian plane and train
maker Bombardier Inc has agreed to sell its Toronto aircraft assembly site to a pension fund as part of efforts to raise extra cash under a five - year recovery plan.
Not exact matches
Thanks to its 1970 purchase of the Austrian engine
maker Rotax,
Bombardier made the engines used in many of its off - road products.
As well as attracting suppliers, its presence here paved the way for the arrival of
Bombardier Recreational Products,
maker of Sea - Doos and ATVs, in 2012.
In response to a trade case filed by the American jet
maker Boeing, the United States Commerce Department ruled that
Bombardier's CSeries aircraft, a smaller, regional aircraft that entered service last year, had received subsidies of 219.63 percent of the plane's sales price, and it said it would begin collecting duties equivalent to that amount.
Still, the battle — pitting Ottawa championing
Bombardier against Washington defending U.S. jet -
maker Boeing — raised larger questions about what it's like to try to talk trade with President Donald Trump's administration.
Combining the
Bombardier and Siemens businesses would create a rail powerhouse better able to rival industry leader CRRC Corp. of China, formed from a 2015 merger of the country's two main regional train
makers.
The Commerce Department announcement, which centered on Boeing's claim that the Canadian jet
maker had received unfair government subsidies for its products, was the first in a series of rulings on the duties that are to be charged to
Bombardier's products, rulings that could be reversed in months to come.
The case took another turn in October, when
Bombardier announced that it would move production of the CSeries airliner to Alabama in a partnership with French jet
maker Airbus.
Today, American aerospace companies are at a huge disadvantage because foreign airplane
makers like Canada's
Bombardier and Europe's Airbus are intentionally skirting international trade laws — which will only end up hurting American workers.
Toronto Stock Exchange — May 11 The venerable Quebec institution
Bombardier Inc. may have started as a
maker of snowmobiles, but -LSB-...]
As a result 1,400 workers face redundancy and the future of
Bombardier, the UK's last train
maker is at risk along with a total of 3000 jobs and many more in the supply chain.
Unite, Britain's biggest union, has praised Derby County Football Club for supporting
Bombardier, Britain's last train
maker on the opening day of the Championship season on Saturday (6 August).
This aircraft product
maker's shares are trading at a heavy discount due to an ongoing dispute with
Bombardier.