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Britain welcomes Spirit AeroSystems' purchase of Bombardier's Belfast site

Britain welcomes Spirit AeroSystems' purchase of Bombardier's Belfast site
FILE PHOTO: A Bombardier logo is seen at the Bombardier plant in Belfast, Northern Ireland January 26, 2018. REUTERS/Clodagh Kilcoyne/File Photo -
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Clodagh Kilcoyne(Reuters)
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LONDON (Reuters) – British business minister Nadhim Zahawi on Thursday welcomed Spirit AeroSystems’ <SPR.N> purchase of Bombardier’s <BBDb.TO> plant in Belfast as great news for workers and a welcome investment in the United Kingdom.

Canada’s Bombardier said on Thursday it had agreed to sell its aerostructures business to Spirit for more than $700 million in cash and debt, including the Short Brothers Belfast plant which is the largest high-tech manufacturer in Northern Ireland with a workforce of around 3,500.

“I’m pleased that Spirit AeroSystems is boosting its investment in the UK,” Zahawi said in a statement.

“This will be great news for Short Brothers and its highly skilled and dedicated workforce, at one of the most important aerospace facilities in the country. I look forward to seeing this successful and ambitious business continue to go from strength to strength.”

(Reporting by Kate Holton, Editing by Paul Sandle)

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