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

Surrey RCMP seeking help to find man missing since Nov. 7

Hyung ‘John’ Lee was last seen in the 13300-block of Old Yale Road

Pair of proposed Guildford highrises coming to public hearing Monday

City of Surrey received 229-signature petition opposing the plan

‘Stuff the Sleigh’ event aims to collect 5,000 Christmas toys for Surrey children

The Surrey Central Lions Club event will support the Surrey Christmas Bureau

Surrey kidnapping suspect still at large

Meaz Nour-Eldin is wanted in a 15-month-old Surrey kidnapping and assault case

VIDEO: B.C. couple creates three-storey ‘doggie mansion’ for their five pups

Group of seven, who Kylee Ryan has dubbed as the ‘wandering paws,’ have a neat setup in Jade City

MacKinnon powers Avs to 5-4 OT win over Canucks

Vancouver battled back late to pick up single point

Paul Bissonnette joins Vancouver Warriors after tweeting he could walk on to an NLL club

Bissonnette will join the Warriors for their final week of training camp at Rogers Arena

Port Alberni mom takes school district to court over Indigenous smudging, prayer in class

Candice Servatius, who is an evangelical Christian, is suing School District 70

Body found after SUV found fully engulfed in flames in Abbotsford field

The Integrated Homicide Investigation Team have been called in

Family of B.C. man killed in hit-and-run plead for tips, one year later

Cameron Kerr’s family says the driver and passengers tried to cover their tracks

Princeton couple pays for dream vacation with 840,000 grocery store points

It’s easy if you know what you are doing, they say

Chilliwack family’s dog missing after using online pet-sitting service

Frankie the pit bull bolted and hit by a car shortly after drop off through Rover.com

B.C. wildlife experts urge hunters to switch ammo to stop lead poisoning in birds

OWL, in Delta, is currently treating two eagles for lead poisoning

Most Read