U.S. firm eyes Abbotsford for potential aerospace plant that could employ 10,000 workers

Unnamed American firm eyeing Abbotsford International Airport as potential site for massive facility

Abbotsford is being considered as the potential home for an aerospace manufacturing plant that could employ more than 10,000 people.

The city’s economic development team will tell a committee next week that an unnamed American company has eyed Abbotsford as a potential location for a “manufacturing plant.”

The possible plant is described in a quarterly report by economic development staff for the upcoming Business, Innovation, Growth and Attraction committee meeting. The report regularly lists companies that have expressed interest in moving to the Abbotsford area. Many of the leads do not pan out, but some have in the past.

The report says that the company in question is considering two options. A smaller option would be a “$125 million investment and 7,000 jobs,” which itself would make such a facility one of, if not the, largest single employment site in British Columbia. A larger option on the table would encompass a $830 million investment and result in 10,000 new jobs.

By comparison, construction on the massive Site C dam in Northern B.C. employs just shy of 5,000 workers, while Boeing employs around 70,000 people in Washington State.

It’s not clear how far discussions have gotten, but the report says the “next round of engagement is due to occur in January 2020.”

The news comes as Canada’s aerospace industry is currently watching a competition to replace Canada’s CF-18 fighter jets. Three companies – Lockheed Martin, Boeing and Saab – are expected to bid on a $19 billion contract to replace the jets. Lockheed Martin and Boeing are each based in the United States. The government has a longstanding requirements that companies invest some of their money in Canada, although those rules were recently loosened.

RELATED: Abbotsford airport raking in millions, two decades after being bought for $10

Do you have something to add to this story, or something else we should report on? Email:
tolsen@abbynews.com


@ty_olsen
Like us on Facebook and follow us on Twitter

Just Posted

Charges dropped against officer who shot and killed Hudson Brooks in South Surrey

‘I feel like I’ve lost Hudson all over again,’ says mom

Here’s why you may not have seen many federal election signs in Surrey

Earlier this year, Surrey council banned election signs on public property, highways

‘Men of Curling’ calendar features Surrey’s Tardi, who went rock climbing with a curling rock

Tyler Tardi, 21, now curls on men’s circuit, meaning he won’t play at 2020 nationals in Langley

‘Jail’ time for Surrey business and community leaders in Crime Stoppers fundraiser

Metro Vancouver organization to host Jail & Bail event Friday at Central City’s outdoor plaza

‘I shouldn’t have done it,’ Trudeau says of brownface photo

Trudeau says he also wore makeup while performing a version of a Harry Belafonte song

35 of 87 dogs in 2018 Williams Lake seizure were euthanized due to behavioural issues, BCSPCA confirm

The dogs did not respond to the behaviour modification and remained terrified of humans

‘We still did not get answers’: Vancouver parents demand expulsion after students’ racist video

‘We were unable to get confirmation from the VSB, but he hasn’t returned as of yet,’ says Marie Tate

B.C. ‘tent city’ disputes spark call for local government autonomy

UBCM backs Maple Ridge after province overrules city

B.C. drug dealers arrested after traffic stop near Banff turns into helicopter pursuit

Antonio Nolasco-Padia, 23, and Dina Anthony, 55, both well-known to Chilliwack law enforcement

‘What goes up will come down’: Gas prices spike in Metro Vancouver

Petroleum analyst Dan McTeague says prices will fall Thursday

B.C. MLA calls on province to restrict vaping as first related illness appears in Canada

Todd Stone, Liberal MLA for Kamloops-South Thompson, introduced an anti-vaping bill in April

Most Read