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Jessica McDonald, a company spokeswoman, confirmed the news to the Gazette on Friday.
The move adds to a dramatic three-year reshaping of Bombardier, begun under former CEO Alain Bellemare, that has seen the once-sprawling Quebec industrial icon narrow its focus solely to business jets — with such transactions as the sale of the commercial aviation program formerly known as the C Series to European planemaker Airbus SA.
On Friday, France’s Alstom SA secured conditional clearance from the European Commission for the proposed acquisition of the Bombardier Transportation rail business, which is based in Berlin. Closing is still expected in the first half of 2021, Bombardier said.
Bombardier’s future headquarters at 400 Côte-Vertu Blvd. W. sits close to the plant where workers build the company’s Challenger jets. It’s adjacent to the Laurent Beaudoin Completion Centre, where the the interiors of the ultra-long-range Global 7500 business jet are completed.
About 180 employees are based at Bombardier headquarters, though the coronavirus pandemic means they are working from home. Human resources, legal affairs and finance are all housed downtown.
“I recognize that this move will raise questions and concerns for some employees and we’ll have a number of opportunities to address them,” Martel said in the email. An “all-hands” meeting is planned for later this summer, he added.
Located above Central Station, 800 René Lévesque Blvd. W. stands next to the Fairmont The Queen Elizabeth Hotel. It was recently modernized and now boasts a redesigned plaza, a bigger lobby and a revamped elevator system. Vancouver-based Polaris Realty manages the building.
This is the second time since Bombardier’s founding in 1942 that company headquarters are moving. Having started out as a snowmobile manufacturer in the Eastern Townships municipality of Valcourt, the company relocated executive offices to Montreal as business expanded.
Bombardier is set to announce second-quarter results next Thursday.