Bombardier Capital Announces Plans For New Service Center in Colorado Springs.COLORADO SPRINGS Colorado Springs, city (1990 pop. 281,140), seat of El Paso co., central Colo., on Monument and Fountain creeks, at the foot of Pikes Peak; inc. 1886. It is a year-round resort and a booming military, technological, and commercial city. , Colo.--(BUSINESS WIRE)--March 3, 1998-- (ME:BBD BBD In currencies, this is the abbreviation for the Barbados Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. .A.) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BBD.A.) (ME:BBD.B.) (TSE:BBD.B.) Financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. provider Bombardier Capital Inc. today announced that it has chosen Colorado Springs as the site for a new service center supporting the company's growing consumer finance business. The new site will serve as the primary administration and service center for Bombardier Capital's lending, leasing and asset- management activities in western U.S. markets. The site will also support Bombardier Capital's existing service center in Jacksonville, Florida “Jacksonville” redirects here. For other uses, see Jacksonville (disambiguation). Jacksonville is the largest city in the state of Florida and the county seat of Duval County. , as a back-up facility for eastern business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . Bombardier Capital President and COO Pierre-Andre Roy said the new site will open in early May and generate 300 to 350 local jobs by the end of year 2000. The operation will occupy office space at the city's Pacifica Pointe pointe n. In ballet, dancing that is performed on the tips of the toes. [From French pointe (des pieds), point (of the feet), tiptoe; see point.] Office Park on Research Parkway in Colorado Springs. Bombardier Capital selected Colorado Springs from an initial pool of 20 locations in eight states across the Mountain Time Zone. "We're very pleased to be making this announcement today, and I'd like to personally thank The Greater Colorado Springs Economic Development Corporation for their assistance in bringing us to the region," said Roy. "Colorado Springs offers an ideal base for developing our western business operations, and we look forward to participating as an active member of this community." Based in Jacksonville, Florida, Bombardier Capital's consumer finance business offers a wide range of financial solutions to retail dealers of manufactured housing Manufactured housing (also known as prefab housing) is a type of housing unit that is largely assembled in factories and then transported to sites of use. In the United States, the term "manufactured home" specifically refers to a house built entirely in a protected and recreational products, such as personal watercraft personal watercraft n. 1. A motorized recreational water vehicle normally ridden by straddling a seat. 2. (used with a pl. verb) Such water vehicles considered as a group. , boats, motorcycles, snowmobiles, and other recreational equipment. Roy said Bombardier Capital will build the majority of its Colorado Springs workforce from resources in the local area, with a limited number of positions being staffed through temporary or permanent relocations. The company expects to begin recruiting over the next few weeks for positions in data entry, credit investigations, loan processing, credit management, customer service support, and credit underwriting. "The skilled workforce and availability of technical training resources were key elements in our decision to locate here," said Roy. "Bombardier Capital is a service company, and our competitive edge in the market is based directly on the quality of our people. Since the majority of our workforce will be drawn from the local community, it was imperative for us to find a region with a highly skilled and trainable talent pool. Colorado Springs offered that and a great deal more." Bombardier Capital is partnering with Corporate Workforce & Economic Development, a division of Pikes Peak Community College Pikes Peak Community College is a community college located in Colorado Springs, CO, and is the largest institution of higher education in the Pikes Peak region. PPCC offers more than 125 programs in liberal arts and sciences transfer and career technical education. , to recruit and train its Colorado Springs workforce. Individuals interested in pursuing employment opportunities at Bombardier Capital should call (719) 527-6061 or (719) 540-2417. Bombardier Capital is the financial services arm of global transportation equipment manufacturer Bombardier Inc. An international provider of financial solutions, Bombardier Capital offers a full line of lending, leasing and asset management services to consumer, inventory, commercial and industrial financing markets. Bombardier Capital employs more than 800 people at multiple locations in Canada, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe. Bombardier Inc. is a Canadian corporation engaged in design, development, manufacturing and marketing activities in the fields of transportation equipment, aerospace, and recreational products. It also provides financial services and services related to its products and core competencies. The Montreal-based corporation operates plants in Canada, the United States, Mexico, Austria, Belgium, Finland, France, Germany and the United Kingdom, employing 46,000 people. Bombardier's revenues for its last fiscal year ended January 31, 1997 totalled 8 billion Canadian dollars, and more than 85 percent of its revenues are generated in markets outside Canada. CONTACT: Bombardier Capital Inc. David Slack, 802/654-8358 802/654-8453 (FAX) http://www.capital.bombarbier.com |
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