French firm Derichebourg Atis aéronautique will create a Canadian subsidiary in Montréal to be closer to the city’s aerospace ecosystem and to consolidate its North American operations. A major player in aeronautics subcontracting, the company plans to create 130 specialized jobs in the next three years.
“Canada, and Montréal in particular, stands out for its aerospace industry,” said Christophe Villaescusa, Chief Operating Officer, Derichebourg Aeronautics Canada Inc. “Setting up in Montréal means Derichebourg will not only be close to its customers but it is also investing in the expertise and flexibility of its teams, with the desire to better serve all industry players.”
The announcement was made at the International Paris Air Show with Pierre Fitzgibbon, Québec Minister of Economy and Innovation; Hubert Bolduc, President and CEO of Montréal International; and Guy LeBlanc, President and CEO of Investissement Québec.
“The arrival of new international players such as Derichebourg Atis aéronautique strengthens the value chain of subcontractors and suppliers dedicated to our industry and consolidates Greater Montréal’s position among the major aerospace centres in the world,” said Bolduc. “We need to leverage our strengths in this industry of the future, which is one of the priority sectors in our foreign investment attraction strategy.”
“We are delighted to welcome a company such as Derichebourg Atis aéronautique in Québec,” said LeBlanc. “The major aeronautics subcontracting player chose Montréal for its robust aeronautics industry and the depth of its supply chain. We are proud to have supported this key player and help it set up in Québec.”
Derichebourg Group, better known in Québec for its waste collection, transportation and treatment activities, will now leverage its first Montréal aerospace subsidiary to provide transnational support to its customers in the industry.
Derichebourg Atis aéronautique has 25 offices in Europe, the United States and Asia, and is involved in every step of the aircraft production chain, both commercial and military, by offering the service of its assembly, inspection and logistics experts.
Greater Montréal was recently named the top destination for foreign direct investment (FDI) in fDi Magazine’s American Cities of the Future 2019–2020 rankings. The city earned first place in Canada and third place in the Americas behind New York City and Chicago.