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Bombardier
Bombardier Inc. (pronounced /b?m'b?rdi.e?/) (TSX: BBD.SV.B) (TSX: BBD.MV.A), a Canadian company, was founded by Joseph-Armand Bombardier as L'Auto-Neige Bombardier Limitée in 1942, at Valcourt in the Eastern Townships, Québec. It is a large manufacturer of regional aircraft, business jets, and railway cars. Its headquarters are in Montréal, Québec, Canada.
Corporate Headquarters
800 boulevard René-Lévesque ouest
Montréal, Québec
Canada
Fields of Activity
Rail transportation equipment
Regional and business aircraft
Financial services
Number of employees (as at January 31, 2004)
Transportation: 35,600
Aerospace: 27,000
Bombardier Capital: 700
Other: 1,300
TOTAL: 64,600
History
Joseph-Armand Bombardier was a shy, determined mechanic who dreamed of building a vehicle that could 'float on snow'. In 1937, the first snowmobile rolled out of his small repair shop in Valcourt, Quebec. Over the years, Bombardier continued to perfect his dream and found that winter-bound Canadians were eager to come along for the ride. Bombardier changed the way we travel over snow and he established a Canadian manufacturing giant along the way.
Born in 1907, Joseph-Armand Bombardier showed a genius for tinkering early in life. He was only 10 years old when he took a cigar box and a broken alarm clock and made a working model of a tractor. As he grew older, Armand dreamt of building a vehicle that could glide over snow—a fitting goal for a boy growing up in rural Valcourt. At 15, Armand designed and built his first snow vehicle which was basically a large sleigh powered by a Ford Model T engine with a wooden airplane propeller at the back. He and his brother drove the noisy contraption through Valcourt before their father ordered them to stop. Undeterred, Armand kept working on his idea while he earned a living as an auto mechanic. His big breakthrough came in the mid-1930s when he developed a drive system that would revolutionise travel in snow and swamp. In 1937, Armand sold 12 snowmobiles—named the B7—and opened the company l'Auto-Neige Bombardier Limitée five years later.
J. Armand Bombardier never intended his snowmobile invention to be fun. The first snowmobiles were large, multi-passenger vehicles designed to help people get around during the long winter months. Snowmobiles are used in rural Quebec to take children to school, to carry freight, to deliver mail, and as ambulances. His invention served a very real necessity and soon business was booming. In 1941, Armand opened a large new factory in Valcourt. Then a major setback hit the growing business: the Second World War was well underway and the Canadian government issued wartime rationing regulations. Suddenly, Bombardier customers had to prove that snowmobiles were essential to their livelihood in order to buy one. To keep his business going, Armand switched gears and developed vehicles for the military. After the war, Armand experienced another setback in his snowmobile business. In 1948 the Quebec government passed a law requiring all highways and local roads to be cleared of snow; Bombardier's sales fell by nearly half in one year. Armand decided to diversify his business and make all-terrain vehicles for the mining, oil, and forestry industries.
Bombardier was an inventor who never rested. By the late 1940s, the quiet French Canadian had survived several setbacks and had a modestly successful small business centred in Québec. But Armand was not satisfied with the status quo and dreamt of developing a fast, lightweight snowmobile (the Ski-Doo) that could carry one or two people. He worked tirelessly on his idea but always found the engine too heavy for the vehicle. In the early 1950s, Armand set aside his dream to focus on developing his company's other tracked vehicles. But by the end of the decade, smaller, more efficient engines had been developed and were starting to come on the market. Armand resumed his efforts to build a 'miniature' snowmobile. He worked alongside his eldest son Germain, who shared his father's mechanical talents. Armand and Germain developed several prototypes of the lightweight snowmobile and finally the first Ski-Doo went on sale in 1959.
The Ski-Doo became an instant hit but not for the reasons imagined by J. Armand Bombardier. The Ski-Doo was originally called the Ski-Dog because Bombardier meant it to be a practical vehicle to replace the dogsled for hunters and trappers. But the public soon discovered the speedy vehicles that can zoom over snow were a lot of fun. Suddenly a new winter sport was born, centred in Quebec. In the first year, Bombardier sold 225 Ski-Doos; four years later, 8,210 are sold. But Armand was reluctant to focus too much on the Ski-Doo and move resources away from his all-terrain vehicles. He vividly remembered his earlier business setbacks that forced him to diversify. Armand slowed down promotion of Ski-Doo to prevent it from dominating the other products.
On February 18, 1964, J. Armand Bombardier died of cancer at age 56. He left behind a thriving business, but also one that had been focused on one person. Armand dominated his company, overseeing all areas of operation. He controlled the small research department, making all the drawings himself. Now the younger generation took over and was led by Armand's sons and sons-in-law. The young team reorganized and decentralized the company, adopting modern business tactics. The company adopted the latest technological innovation—the computer—to handle inventory, accounts, and billing. Distribution networks were improved and increased, and an incentive program was developed for sales staff.
Joseph had the ability to overcome great odds in his life to develop a company that laid a solid foundation for the creation of a transportation giant. He had a unique ability for an inventor which was to parlay his inventions into a successful business. By the time of his death sales of the company had reached C$20 million, which is the equivalent of C$160 million in 2004 dollars. During his lifetime the province of Québec had been economically dominated by the top anglophone businessmen and socially by the Catholic Church, with very limited opportunities for francophone businesspeople. He was able to overcome these obstacles through sheer determination and inventiveness.
Global expansion
Under the management of Laurent Beaudoin, Bombardier's son-in-law, the company took over the Canadian government-owned Canadair aircraft manufacturing company in Montreal that had recorded the largest corporate loss in Canadian business history. Bombardier became a leading manufacturer of business jets, regional aircraft, and trains. Besides the Challenger and Global business jets, in 1990 Bombardier acquired the Learjet Company of Wichita, Kansas, builder of the Learjet business aircraft. The aerospace arm, Bombardier Aerospace, accounts for over half of the company's revenue and is reportedly the third-largest aircraft manufacturer in the world behind the giants Boeing and Airbus. In 2003 it spun off as a separate company the Bombardier Recreational Products division, whose snowcats and snowmobiles had been the origin of the company.
In 1970, Bombardier acquired the Viennese company Lohner-Rotax, a manufacturer of snowmobile engines and tramways, and thus became involved in rail business. This section started to grow important in the mid-1990s in the renaissance of tramways or 'light-rail transit'. Bombardier acquired the assets and designs of American Locomotive Company/Montreal Locomotive Works, who continued in the locomotive business until 1985. They built the Class 170 Turbostar and Class 357/375/376/377 Electrostar trains which are widely used throughout Britain. They also built the Croydon Tramlink and Nottingham Express Transit trams and parts of Alstom's Eurostar trains. They are one of the companies which took over British Rail's R&D facilities after privatisation (the remainder largely being absorbed into AEA Technology and Alstom). They were part of a major consortium in the construction of the Eurotunnel railway cars, and also built new metro trains for a wide range of customers including the Toronto Transit Commission, the Commission de transport de la Communauté urbaine de Montréal, and the New York City Transit Authority (R62A, R142), and developed the Las Vegas Monorail system.
Bombardier is a UK Notified Body, under The Railways (Interoperability) (Notified Bodies) Regulations 2000, in one TSI area: rolling stock.
Bombardier Transportation also leads the development and production of the Acela Express train in a 75%–25% arrangement with Alstom. The train runs between Boston, New York City and Washington, DC. Bombardier provided carbody design and tilting mechanisms from its LRC ("Light Rapid Comfortable") line of passenger trainsets, and integrated a variant of Alstom's TGV propulsion system. This is the first high-speed rail line in North America, running at a top speed of 240 km/h (150 mi/h). To meet U.S. government "Buy American" regulations, final assembly of these trains was performed at Bombardier's U.S. rail car assembly facility in Barre, Vermont. Bombardier also provided seller-arranged financing to allow Amtrak to lease the trainsets rather than purchasing them outright as the railroad had previously done.
They were, until recently, a major Canadian defence contractor. With the latest restructuring the company sold off nearly all of its military related work in Canada. However it continues to participate in military contracts in other countries, such as in the United Kingdom, with the ASTOR (Airborne Stand-Off Radar) conversion of the long range Challenger Global Express jet. The actual conversion is carried out by Raytheon.
In 2001 Bombardier Transportation acquired Adtranz, making it the second largest manufacturer of railway rolling stock in the world. Depending on how one defines industrial activities, it is sometimes considered the largest in the world in this category.
Criticisms
The neutrality of this section is disputed. Please view the article's talk page.
Bombardier has been criticised in Canada and abroad over the subsidies it receives from various levels of government. They have been described as corporate welfare and accused of violating free trade agreements, especially by Brazil, which has complained internationally about them; Canada and Bombardier have countered by denouncing Brazil's direct and indirect subsidies to Embraer, their own major aircraft manufacturer and one of Bombardier's principal competitors in the regional jet market.
Some Canadians object to such amounts of money being given to a private for-profit company, but the government argues that they create many jobs and that Bombardier would never have become an integral part of the Canadian economy without subsidies. Some business analysts believe that Bombardier's subsidies should be made conditional upon the company eliminating a share structure which they say gives the founder's family a disproportionate amount of control given their financial holdings. Recently Bombardier opened a engineering design agreement with an Indian company which, critics say, goes against the whole concept of Canadian taxpayers supporting local businesses.
As is the practice with all aerospace companies, Bombardier's management aggressively seek out state support in every country in which they have plants, and often obtain it, in the form of direct subsidies, tax cuts, free land, previous debt erasure, or other forms. To give a few examples: It obtained tremendous sums in indirect ways from the United Kingdom when it acquired Short Brothers of Belfast, and modest but important incentives from the state of Vermont when it opened an assembly plant there. The government of Canada provided a large interest rate subsidy for the financing that made possible Bombardier's sale of metro trains to the New York City Subway.
Bombardier's reputation may have been tarnished in the western United States by their association with the financially ambitious Las Vegas Monorail system. The system opened late, and after only a month of operation it was shut down for another four months due to mechanical problems. It had been hoped that the privately-funded system would be a first by being the only public transit system in the United States to operate without a deficit, but it reportedly lost US$85,000 per day while closed. These problems led the U.S. federal government to deny funding for a US$400 million extension of the system, which finally reopened on December 24, 2004.
Recently, Bombardier have faced pressure from the media and their own shareholders over their involvement with the People's Republic of China government on projects including the controversial Qingzang Railway line into Tibet, to which they are providing passenger carriages.
Bombardier Inc. (
pronounced /b?m'b?rdi.e?/) (TSX: BBD.SV.bombardier B) (TSX: BBD.MV.A), a Canadian company, was founded by Joseph-Armand Bombardier as L'Auto-Neige Bombardier atv Limitée in 1942, bombardier at Valcourt in the Eastern Townships, Québec. It is a large manufacturer of regional aircraft, business jets, bombardiers and railway cars. Its headquarters are in Montréal, Québec, Canada.
Corporate Headquarters
800 boulevard René-Lévesque ouest
Montréal, Québec
Canada
Fields of Activity
Rail bombardier transportation equipment
Regional and business aircraft
Financial services
Number of employees (as at January 31, 2004)
Transportation: 35,600
Aerospace: outlander 27,000
Bombardier Capital: 700
Other: 1,300
TOTAL: 64,armond 600
bombardier jetting
History
Joseph-Armand Bombardier was a shy, determined j.armand mechanic who dreamed of rotax building a vehicle that could 'float on snow'. In bombardier 1937, the first snowmobile rolled joseph-armand out of his small repair shop in celebrity Valcourt, Quebec. Over the years, Bombardier continued to perfect his quest dream and found that winter-bound Canadians were cylinder eager to come along for the ride. Bombardier changed the way we travel over snow and he established a Canadian manufacturing bombardier giant along the way.
Born in 1907, Joseph-Armand Bombardier showed a genius for tinkering early in life. He was only 10 years old when he took bombardier a cigar box and a 1990 broken alarm clock and made a
working model of a tractor. As he grew older, Armand 4.8 dreamt of bombardier building a vehicle that could
glide over snow—a fitting goal for a boy growing up in larvae rural Valcourt. At 15, Armand designed and built his first snow vehicle which was basically a large sleigh powered by a Ford Model T engine with a wooden airplane propeller at the back. He and his brother
doo drove the noisy contraption through Valcourt before tech their father ordered
them to stop. Undeterred, Armand kept jet working on
his idea while
he earned a living as
an auto mechanic. His big breakthrough came in parts the mid-1930s when he developed a drive system that would revolutionise travel in
bombardier snow and swamp. In 1937, Armand
sold 12 snowmobiles—named the B7—and opened the company l'Auto-Neige Bombardier Limitée review five years later.
J. bombardier Armand Bombardier never intended his snowmobile invention to be fun. The first snowmobiles were large, multi-passenger vehicles designed to help people get around during flat the
long winter months.
Snowmobiles are used in rural Quebec accesories to take children to
school, to carry beetle freight, to deliver mail, and 90cc 180 as ambulances. His invention served a very real necessity and soon parts business was booming. In 1941, Armand opened a bombardier
large new factory in Valcourt. Then a major setback hit the growing business: the Second World War was well underway and the Canadian government issued wartime rationing regulations. Suddenly, Bombardier customers had to armand
prove that snowmobiles were essential to their livelihood in order to buy ds one. To keep his business going, Armand switched bombardier gears and developed vehicles for the military. After the war, Armand experienced another setback in his snowmobile business. In 1948 the Quebec government passed a law requiring all highways and local roads to be cleared of snow; Bombardier's sales fell by nearly half in one year. Armand decided to diversify his business and make all-terrain vehicles for the mining, oil, and forestry industries.
Bombardier was an inventor who never rested. By the late 1940s, the quiet French bombardier Canadian had rotax survived several setbacks and
had a modestly successful small business centred in
Québec. But Armand was not satisfied with the status quo and dreamt of developing a fast, lightweight
snowmobile (the Ski-Doo) bombardier that bombardier could carry one or oil two people. He worked tirelessly on his idea but always found the on engine too heavy injection for bombardier the vehicle. In the early of 1950s, Armand ds650 set aside his
dream to focus on developing his company's other tracked vehicles. But by the end of the decade, smaller, more efficient engines neihu had been developed and were starting to bombardier come on the market. Armand resumed his efforts to build ii a parts 'miniature' snowmobile. He worked alongside his eldest son Germain, bombardier who shared his father's mechanical talents. Armand and Germain developed several prototypes of the lightweight snowmobile and finally suzuki the first Ski-bombardier Doo went on sale in 1959.
The Ski-Doo became an instant hit but not for the reasons imagined 650 by bombardier J. Armand Bombardier. The Ski-
Doo was atv originally called 6 the Ski-Dog because Bombardier meant it to be a practical vehicle to replace the dogsled for demographics hunters and trappers. bombardier But the public soon aerospace discovered the speedy vehicles that can zoom over snow 180 were a lot of fun. Suddenly a new winter sport was born, centred in Quebec.
In nev 90 lube the first year, Bombardier sold 225 Ski-Doos; bombardier four years later, 8,210 are sold. But baja Armand was sea reluctant to focus too much on the Ski-Doo and move resources away from his all-info. terrain vehicles. He vividly remembered his earlier business setbacks that forced and him traxter to diversify. Armand slowed down promotion of Ski-Doo to prevent it from dominating the other cycle products.
On February 18, 1964, J. Armand Bombardier died of cancer
at age 56. He left behind a thriving business, but also one that had been focused on one person. Armand dominated his company, overseeing all areas of operation. He controlled the small
research department, making all the drawings himself. Now the younger generation took over and was led by Armand's sons and sons-in- law. outlander The young team reorganized and decentralized the company, adopting modern business tactics. The company jetting adopted the latest technological innovation—the computer—to handle inventory, accounts, and billing. Distribution networks were rally improved and increased, and an incentive program was warranty developed for sales staff.
Joseph had the ability to overcome great odds in his life to develop a company that laid beetle a solid foundation for the bombardier creation of a transportation giant. He had a unique ability for an inventor which was beetle's to celebrity parlay his inventions into a successful business. 330 By the time of his death sales of the company had reached C$20 million, which is the equivalent of C$160 million in 2004 dollars. During his lifetime the province of Québec had auburn
been economically dominated by the top anglophone businessmen and socially bombardier by the
Catholic Church, with very limited sea-doo opportunities life
for francophone bombardier businesspeople. He was able synthetic to overcome these obstacles through sheer determination and inventiveness.
Global expansion
Under the management of atv Laurent Beaudoin, Bombardier's son-in- law,
the company took over the Canadian government-owned Canadair aircraft manufacturing company in Montreal that had recorded the largest seadoo corporate loss in Canadian business history. Bombardier
became a leading 650 manufacturer of business jets, bombardier regional aircraft, and trains. Besides the Challenger and Global business jets, in 1990 Bombardier acquired the Learjet Company of Wichita, Kansas, builder of the Learjet business aircraft. The aerospace arm, Bombardier Aerospace, accounts for
over half of the company's revenue and bombardier is reportedly the third-largest
aircraft manufacturer in the world behind the giants Boeing and Airbus. In 2003 it spun bombardier off as a separate company the Bombardier Recreational Products oil division, whose snowcats 1997 and bombardier snowmobiles had been the atv origin of
the company.
In 1970, Bombardier acquired the Viennese company Lohner-Rotax, a manufacturer of snowmobile engines and tramways, and thus became atv's involved in rail business. This section started to grow important in the mid-1990s in the renaissance of tramways or 'light-rail transit'. Bombardier acquired the assets and designs of American Locomotive Company/Montreal Locomotive Works,
who continued in the locomotive bombardier business until 1985. They built the dealer outlander400 Class 170 Turbostar and Class doo 357/375/376/377 Electrostar trains which bombardier are widely
used throughout Britain. They also bombardier built the Croydon Tramlink and Nottingham Express Transit trams and parts of Alstom's Eurostar trains. They and are one of the companies which bombardier took over British bombardier Rail's
R&D facilities after privatisation (the remainder largely being absorbed into AEA Technology activities and Alstom). They were part of a major consortium in the construction of the Eurotunnel railway
cars, and also built new metro trains for a wide range of customers including the Toronto Transit Commission, the Commission de transport de la Communauté urbaine de Montréal, and the New York City Transit Authority (R62A, bombardier R142), and developed the Las Vegas Monorail system.
Bombardier bombardier is a UK Notified boats Body, under The Railways (Interoperability) (Notified Bodies) Regulations 2000, in one TSI area: rolling stock.
Bombardier Transportation also leads the development and production of the Acela Express train in a 75%–25% arrangement with Alstom. The train runs between Boston, New York bombardier City and Washington, DC. Bombardier provided carbody design bombardier and
tilting mechanisms from its LRC ("Light oil jumbo Rapid Comfortable") line of passenger trainsets, and integrated a variant of Alstom's
TGV propulsion head system. This is the first
high-speed rail line in North America, running at a top speed of 240 alco km/h (150 mi/h). To meet manual U.S. government "Buy American" regulations, final assembly of these trains was performed at Bombardier's U.S. rail car assembly facility in Barre, Vermont. ds Bombardier also provided seller-arranged financing to allow Amtrak nuevo to 1995 lease bombardier the trainsets rather than purchasing them outright as the railroad had previously done.
They were, service until recently, a major Canadian
defence parts contractor. With the latest
restructuring the company sold off nearly all of its photos military bombardier related
work in
Canada. However it bombardier continues to sarasota participate in military contracts in other countries,
such as in the United Kingdom, with the bombardier ASTOR (Airborne Stand-Off Radar) conversion of the long range bombardier Challenger Global Express jet. The actual conversion is carried out by Raytheon.
In 2001 Bombardier bombardier Transportation acquired Adtranz, making it the second largest manufacturer of railway rolling stock in the world. Depending on how one defines industrial activities, it is sometimes considered the largest in the world
atv in
this category.
Criticisms
The neutrality of this section is disputed. Please view the article's talk page.
Bombardier has been 650 criticised in Canada and abroad over the subsidies it receives from various levels of government. They have been described as review corporate bombardier welfare and accused of violating free trade agreements, especially by Brazil, which has outlander complained internationally about them; Canada and Bombardier have countered by denouncing Brazil's direct and indirect subsidies to Embraer, their own major bombardier aircraft manufacturer and one of Bombardier's principal competitors in the regional jet market.
Some Canadians object to such amounts bombardier of money being given to a private for-profit company, but
the government argues that they create many jobs and
that Bombardier would never have become an integral part
of the crj Canadian economy without subsidies.
Some business analysts believe that Bombardier's subsidies should be made bombardier conditional upon the company
eliminating a share structure which they say gives the founder's family a disproportionate amount 1000 of control given their financial holdings.
Recently Bombardier opened a engineering prototype design agreement with an bombardier Indian company which, critics say, goes against the
whole concept of Canadian taxpayers supporting xps local businesses.
As is the practice with all bombardier aerospace companies, Bombardier's management aggressively seek out state support in every country in which they have plants, and often obtain it, in the form of direct bombardier subsidies, tax cuts, free land, previous debt erasure, or other forms. To give bombardier a few examples: It obtained tremendous sums in indirect ways from the United Kingdom when it acquired bombardier Short Brothers bombardier of Belfast, and modest but important incentives from the state of
Vermont when it opened an assembly plant there. The government of Canada provided a large interest rate ski subsidy
for the financing that inc made possible Bombardier's sale of metro bombardier trains to sea the New York City Subway.
Bombardier's reputation may have been tarnished in the
western United States by their association with the financially ambitious Las Vegas Monorail system. The system opened late, and after only jobs a month of operation it leon was shut down for another four months due to mechanical problems. q400 capital It had been hoped that the privately-funded system would be a
first bombardier by being the only public transit bombardier system in the United States to operate without seadoo a deficit, but it reportedly lost US$85,000 per day while closed. These problems led the U.S. federal government to deny funding for a US$400 million extension of the system, 400 which finally reopened on December 24, 2004.
Recently, Bombardier have faced pressure from the media and their own shareholders over their involvement with the People's Republic bombardier of China government on projects including the controversial Qingzang Railway 500 line vinson into Tibet,
to which they and are providing passenger bombardiers carriages.
Information provided by Wikipedia.
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