Bombardier
Bombardier Inc.
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legal form | Corporation |
ISIN | CA0977512007 |
founding | May 8, 1942 |
Seat | Montreal , Canada |
management | Alain Bellemare |
Number of employees | 68,000 |
sales | $ 16.24 billion |
Branch | Aircraft construction, rail vehicle construction |
Website | www.bombardier.com |
As of December 31, 2018 |
Bombardier Inc. [ bɔ̃baʁdje ], headquartered in Montreal, is a Canadian manufacturer of aircraft and rail technology that is listed on the Toronto Stock Exchange and part of the S & P / TSX 60 stock index . Bombardier was founded in 1942 by Joseph-Armand Bombardier as L'Auto-Neige Bombardier Limitée . The company produces and develops at 75 locations in 28 countries.
history
In 1931 the mechanic Joseph-Armand Bombardier developed his first snowmobile ( Bombardier 1931 ) in his workshop in Valcourt (Québec ). In 1937 he sold twelve type B7 snowmobiles, the dimensions of which were similar to a small car : in the wooden body there were four or more seats or a cargo hold ( Bombardier Snowmobile ) in addition to the driver's cab . In 1941 a new manufacturing plant was opened in Valcourt.
On May 8, 1942, Bombardier founded the company L'Auto-Neige Bombardier Limitée , and since most of the vehicles of the time were barely snow-proof, and the roads were not cleared at the time, his snowmobiles were of great help to the local population in coping with them Transport tasks in the winter months.
Bombardier's company grew steadily until the first setback caused by rationing decided by the Canadian government at the beginning of World War II . Therefore, Bombardier decided to develop vehicles for the military. After the war, the company focused again on building snow vehicles.
In 1948, the Province of Quebec passed a law to remove snow from all local roads and highways. Snowmobile sales fell by half. Bombardier began developing snow plows and all-terrain vehicles for the oil and forest industries. From the late 1950s, Bombardier built small, light, fast and agile snowmobiles for two passengers . In 1959 the first newly developed sporty snowmobile was brought onto the market. The founder Joseph-Armand Bombardier died on February 18, 1964. In 1967 the company was restructured into Bombardier Limited and on January 23, 1969, it went public in Montreal and Toronto .
In 1970 Bombardier entered rail vehicle construction with the takeover of the Austrian Lohner-Werke, which at that time produced trams for the Austrian market. In 1975, Bombardier bought the American Locomotive Company / Montreal Locomotive Works . In 1995 Bombardier took over the Talbot wagon factory in Aachen and in 1998 Deutsche Waggonbau . In 2001, DaimlerChrysler Rail Systems ( Adtranz ) was taken over
At the end of the 1980s, the aerospace division emerged as a result of the rapid buy-out of many companies that were either already bankrupt or about to go bankrupt. Bombardier continued to build the existing models. The Global series and the C series were not added as new developments until the mid-2000s .
Since around 2014, the company has been facing increasing economic problems. A major cause were problems with the development of a regional aircraft called the "C-Series". The aircraft concept met with great interest from potential buyers, but the development cost more time and money than planned. The provincial government of Quebec eventually acquired 49.5% of the project and paid $ 1 billion into the partnership. In 2017, Airbus took a majority stake in the program. The aircraft has since been called Airbus A220 and the company that makes the aircraft was named Airbus Canada . In February 2020, Airbus took over 75% of the project, the other partner is the provincial government. Bombardier is no longer involved.
Corporate structure
In 2018, the company employed a total of around 68,000 people in 28 countries. In fiscal 2018, gross sales were $ 16.24 billion. The shares of Bombardier Inc. will only be listed on the Toronto traded. Trading in the shares in Brussels and Frankfurt am Main ceased in the mid-2000s due to the low trading volume.
The aerospace sector ( Bombardier Aerospace ) contributed 50% to company profits in 2018. The aerospace sector has grown steadily, primarily through the takeover of Canadair (Canada, 1986), Short Brothers (Ireland, 1989), Learjet Corporation (USA, 1990), de Havilland Canada (1992) and Skyjet International (USA, 2000 ). In 2020, Bombardier separated from the regional aircraft market by selling it to Airbus.
The Transportation division ( Bombardier Transportation ) has also been expanded for several decades, in particular through the takeover of the companies Lohner-Werke (Austria, 1971), MLW-Worthington (Canada, 1976), Alco Power (USA, 1984), BN Constructions Ferroviaires et Métalliques (Belgium, 1988), ANF-Industrie (France, 1989), Procor Engineering (United Kingdom, 1990), Urban Transportation Development Corporation (Canada, 1992), Constructura Nacional de Carros de Ferrocarril (Mexico, 1992), Talbot wagon factory ( Germany, 1995), Deutsche Waggonbau AG (Germany, 1998) and DaimlerChrysler Rail Systems (Germany, 2001). In the company DaimlerChrysler Rail Systems / Adtranz, the rail traffic part of Ericsson and parts of AEG as well as the IVV engineering company for traffic safety and traffic technology had already merged . With the takeover of Adtranz in 2001, the company became the world market leader for rail vehicle technology. After the takeover, there was still disagreement about the purchase price, which was based on the net assets taken over. Bombardier Transportation's headquarters have been located at Potsdamer Platz at Eichhornstrasse 3 in Berlin since July 2017.
On February 17, 2020, the French Alstom Group announced that it wanted to take over the train division from Bombardier. This merger was approved by the EU Commission at the end of July. So nothing stands in the way of the takeover. Before the merger, the two groups were in second and third place in a global comparison. Only the Chinese train company CRRC can show a higher turnover.
The Bombardier Recreational Products division , whose commercial vehicles and snowmobiles have been part of the product range since the company was founded, was separated as an independent company in 2003 and sold to the Bombardier family and a group of investors. The subsidiary Bombardier- Rotax GmbH was founded as an engine factory in Dresden in 1920 and has been manufacturing engines for snowmobiles, ride-on boats , light aircraft , quads and BMW and Aprilia motorcycles at the Gunskirchen ( Upper Austria , Lohner-Werke ) site since 1970 .
Divisions
See also
Web links
- Official website of Bombardier Germany
- Official website of Bombardier Inc. (English, French)
- Official website of the Bombardier Museum (English, French)
Individual evidence
- ↑ New boss at the aircraft manufacturer Bombardier. In: Airliners.de. February 17, 2015, accessed on February 17, 2015 : “Alain Bellemare has taken over the position. The previous CEO, Pierre Beaudoin, is moving to the top of the Board of Directors. "
- ↑ a b c 2018 Activity Report. (PDF) Bombardier, accessed June 6, 2019 .
- ^ Bombardier B7. In: Panoramio. Retrieved August 18, 2013 .
- ↑ Gerd Braune: Canada's industrial icon Bombardier is only a shadow of itself . handelsblatt.com. February 17, 2020. Accessed February 17, 2020.
- ↑ Airbus and the Government of Québec become sole owners of the A220 Program as Bombardier completes its strategic exit from Commercial Aviation ( en ) In: Bombardier press release . February 12, 2020. Accessed February 17, 2020.
- ↑ Bombardier Announces De-listing From Frankfurt and Brussels Stock Exchanges. Bombardier, December 7, 2004, accessed June 6, 2019 .
- ↑ 2018 Financial Report. (PDF) Bombardier, accessed June 6, 2019 .
- ↑ Bombardier global market leader in rail vehicle technology. In: Eisenbahn-Revue International . Issue 6/2001, ISSN 1421-2811 , pp. 256-261.
- ^ Announcement Bombardier on the road to success . In: Eisenbahn-Revue International , issue 10/2001, ISSN 1421-2811 , p. 444.
- ^ Bombardier Transportation Relocates Global Headquarters within Berlin - Bombardier. Retrieved August 1, 2017 .
- ↑ Alstom wants to take over train business from Bombardier orf.at, February 18, 2020, accessed February 18, 2020.
- ^ Railway industry: EU Commission approves merger of Bombardier and Alstom. Accessed July 31, 2020 .