Canada's Bombardier, the world's third-largest civil aircraft maker, said on Thursday it plans to invest USD$250 million in a new Mexican plant in the central state of Queretaro.
"Bombardier will invest in an all-new facility in Queretaro to manufacture the composite structure of the new Lear 85 business jet," the company's Chief Executive Laurent Beaudoin told reporters at an event in Mexico City.
Queretaro, a two-hour drive from Mexico's capital, is one of the country's leading industrial hubs and has attracted many international companies in recent years.
Montreal-based Bombardier already has an aerospace manufacturing facility in Queretaro and another plant in the state of Hidalgo that assembles locomotives. The two operations, Beaudoin said, employ more than 3,000 workers.
