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

Langley council will hear petition to rename park after teen overdose victim

With 3,500 signatures so far, organizer is thinking of closing down online campaign

Best Set Decoration and Best Supporting Actress for Langley Players Club production

Dancing at Lughnasa among winners at the 26 Annual Community Theatre Coalition Awards

‘Longevity doesn’t just happen all the time’

Langley Community Music School celebrates half-a-century with Rose Gellert Hall Series Gala

Langley land owned by man dead since 1922 needed for pipeline

Trans Mountain is looking for heirs so it can gain access to 500 square feet of land

VIDEO: TWU Spartans defeat Bisons

Third straight win of the season for Langley-based university soccer team

VIDEO: Drone footage documents work to free salmon at Big Bar landslide

Video shows crews working to remove rocks and wood, and transporting salmon by helicopter

Bear killed in Kimberley after chasing girl, wreaking havoc on town

This particular brown-coloured bear has been the subject of many calls this summer; very food habituated, CO says

Police investigate after intoxicated teens clash with security at B.C. fair

18-year-old woman arrested and RCMP looking at possible assault in Victoria-area fall fair incident

Boy overdosed on illicit anti-anxiety drug found on Kelowna classroom floor, RCMP say

Noah Mills, 8, ingested a pink powdery substance off his Kelowna classroom floor

BC SPCA investigating after three dogs found shot dead in Prince George ditch

The three adult dogs appeared to be well cared for before being found with gunshot wounds, BC SPCA says

Psychiatric assessment ordered for man accused in Salmon Arm church shooting

Lawyer tells court accused was diagnosed with psychosis hours after his arrest

Surrey mom allegedly paid $400,000 for son in U.S. college bribery scam

Xiaoning Sui, 48, was arrested in Spain on Monday night

Winnipeg student, killed in bus crash, remembered as passionate, kind

University of Victoria student Emma Machado, 18, was killed in the bus crash near Bamfield on Friday

B.C. offers early retirement, training fund for forest workers

Communities eligible for $100,000 for permanent closures

Most Read