ThyssenKrupp Aerospace Announces Renewal of Service Provider Contract with Bombardier

ThyssenKrupp Aerospace, a Division of ThyssenKrupp Materials CA Ltd, announced today that it has renewed and expanded a six-year contract with Bombardier Aerospace as the service provider for cut-to-size aluminum plate, sheet and extrusions and related supply chain services. Work will be performed at the existing ThyssenKrupp Aerospace facility in Baie D’Urfé Québec, Canada.

Jürgen Funke, President of ThyssenKrupp Aerospace, noted, “We are pleased with the excellent performance of our Canadian employees and are proud that Bombardier continues to expand our relationship in accordance with the vision of their integrated supply chain project.”

Commenting on the new initiative with ThyssenKrupp Aerospace, Jocelyn Lecomte, Bombardier Aerospace Supply Chain Senior Director, quoted: "The competitive aerospace industry requires us to lower costs and increase services. This agreement focuses on both and the St-Laurent operation will benefit from this award. ThyssenKrupp Aerospace has been a valuable contributor to the success of our Integrated Supply Chain project. We look forward to continue developing this relationship in the future."

ThyssenKrupp is a diversified technology and materials group based in Essen, Germany. It has 150,000 employees in over 80 countries developing ideas and innovations into solutions for sustainable progress. In fiscal year 2011/2012 ThyssenKrupp generated sales of $64 billion.

ThyssenKrupp Aerospace supplies material and supply chain management services to the world's leading aerospace companies and their supply chains. The multinational company operates from numerous locations throughout the Americas, Europe, Asia Pacific and North Africa. Located in all global regions of aerospace manufacturing, the 1,600 employees aggregate demand across a single supply chain on behalf of the world's leading Original Equipment Manufacturers. At the same time, the ThyssenKrupp Aerospace network provides local service to meet the needs of aerospace sub-contractors anywhere in the world.

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