Bombardier

Bombardier Inc. ( French: [bɔ̃baʁdje]) is a Canadian manufacturer of business jets. Headquartered in Montreal, the company was founded in 1942 in Valcourt by Joseph-Armand Bombardier to market his snowmobiles, later to became one of the world's largest producers of aircraft and trains until subsequent divestiture over the last 15 years.

During the 1970s and 1980s, the company diversified into public transport vehicles and commercial jets, and it became a multinational corporation. Bombardier grew particularly fast at the end of the 1980s, when the turnover multiplied sixfold within six years. At that time, it was North America's most important producer of railway vehicles, Canada's most important aerospace manufacturer and the worldwide leading snowmobile maker. The growth came mainly from buying failing government-owned companies at a low price and orchestrating a turnaround.