Canada Economic Development Supports Establishment of Aerolia Canada in Quebec

MIRABEL, QUEBEC--(Marketwired - Sept. 27, 2013) - The Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, today reiterated that the firm Aerolia Canada Inc. received financial assistance to set up an assembly plant in the Greater Montréal region.

"By helping Aerolia Canada establish operations on Quebec soil, our Government is giving recognition once again to the fundamental role businesses play in economic growth and job creation," said Minister Lebel.

A French firm specializing in aerostructures and the design and manufacture of equipped fuselages, Aerolia is a wholly owned subsidiary of EADS, a global leader in aerospace, defence and related services. Aerolia is a choice partner for companies operating in the aeronautics sector.

The financial support from Canada Economic Development will enable the firm to acquire manufacturing equipment, set up a new plant and proceed with the installation of a fuselage test bed. This investment will allow Aerolia Canada to supply the central fuselage for Bombardier's Global 7000 and Global 8000 family of corporate jets.

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This assistance, granted in the form of a $2,400,000 repayable financial contribution, has been awarded through Canada Economic Development's Quebec Economic Development Program.

It should be recalled that while attending the 50th International Paris Air Show at Le Bourget in June, Minister Lebel announced nearly $8 million in investments by the Government of Canada in support of the Quebec and Canadian aerospace industry.

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