May 6, 2019 / 9:15 PM / 16 days ago

Bombardier to be supplied by Morocco plant after sale -minister

FILE PHOTO: Logo of Bombardier is seen at an office building in Zurich, Switzerland, February 28, 2019. REUTERS/Arnd Wiegmann/File Photo

CASABLANCA, Morocco (Reuters) - Canada’s Bombardier Inc will sell its wing component plant in Morocco to a manufacturer that will continue to supply Bombardier after a sale, Moroccan Industry Minister Moulay Hafid Elalamy said on Monday.

The plane-and-train maker said last week it would unite its corporate and regional jet units into one aviation division as part of a shake-up. It plans to sell plants in Belfast and Casablanca.

“The successful bidder will be revealed in three weeks,” Elalamy said two weeks after a visit to Canada during which he met Bombardier officials.

Bombardier spokesman Olivier Marcil said by phone late on Monday that the plant would remain a supplier for the company for the foreseeable future.

Morocco is home to 140 aerospace component manufacturers mostly small and medium sized companies but also giants such Boeing and Airbus subsidiary Stelia.

The aerospace industry employs 16,700 people in Morocco and exported 13.9 billion dirhams ($1.43 billion) in 2018, up 13.8 percent compared with a year earlier, according to official figures.

Reporting by Ahmed Eljechtimi; editing by Ulf Laessing

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