New Mexico finally tells Bombardier to take a hike

Saturday, March 05, 2005

New Mexico's governor finally approved the withdrawal of New Mexico's bid for a new Bombardier facility to assemble a new line of jets. Read more.

The company had been using New Mexico's bid to leverage other proposals and to put pressure on its unions in Montreal, its home base. Read more. Assuming that Bombardier was acting in good faith, New Mexico figured it would have to come up with $700 million price tag in incentives.

Meanwhile, back in Canada, a radio report indicated last week that the company had decided to move ahead with a facility in Montreal. But the company quickly denied the report. It seems, they are still trying to pressure the unions for concessions.

posted by Ed Morrison |

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