President Donald Trump said Canadian aircraft maker Bombardier Inc. (OTC:BDRBF) will make a major investment in the U.S., creating thousands of jobs across three states.
On Thursday, Trump said on Truth Social that the company would invest $270 million and create thousands of jobs in Kansas, Texas and Indiana.
He praised Sen. Roger Marshall (R-KA) and Texas Attorney General Ken Paxton for helping secure Bombardier’s investment. Trump described Marshall and Paxton as strong advocates for American workers, saying companies are investing in the country and creating jobs “like never before.”
“We are bringing back our Jobs, our Manufacturing, and the American Dream,” wrote the President.
Bombardier previously said its U.S. operations support tens of thousands of jobs and pledged continued investment in its workforce, customers and local communities.
Last week, the company announced about $50 million investment in Wichita, Kansas, including a new North American Learning Center to develop talent, strengthen capabilities and support the long-term growth of its operations.
Bombardier did not immediately respond to Benzinga’s request for comments.
Trump’s Canada Trade Fight Hits Bombardier
Last month, Trump said that the Canadian aircraft maker should no longer sell planes in the U.S. Trump’s earlier threat followed criticism that Canada was blocking General Dynamics Corp. (NYSE: GD)-owned Gulfstream Aerospace, despite Bombardier receiving substantial revenue from U.S. buyers, companies, airports and service operations.
In January, Trump threatened to revoke certification for Canadian-made aircraft and impose a 50% tariff on Bombardier jets unless Canada certified U.S.-made Gulfstream jets. Canadian authorities certified the General Dynamics-backed jets a month later.
Republican Sen. Jerry Moran of Kansas subsequently urged the administration to allow Bombardier’s Wichita operations to expand. Moran said the facility supported more than 1,000 employees and contributed to U.S. defense and aerospace capabilities.
Moran pledged to keep Bombardier’s manufacturing operations in Kansas and expand them to create more U.S. jobs, as Trump escalated trade tensions with Canada and targeted the private-jet maker.
Canada’s Tariffs Raise Political Stakes for Trump
Trump escalated the dispute with Bombardier as Canada’s tariffs on roughly $20 billion of U.S. goods took effect, intensifying the broader trade war.
Economist Justin Wolfers said Canada’s retaliatory tariffs have limited short-term economic impact but could inflict political damage on Trump by targeting products concentrated in politically sensitive Midwestern states. Wolfers said Ottawa responded with dollar-for-dollar retaliatory tariffs targeting machinery, aluminum and dairy products, which are concentrated in states near the Canadian border where political sensitivities are high.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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