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Bombardier Inc. is a Canadian conglomerate, founded by Joseph-Armand Bombardier as L'Auto-Neige Bombardier Limitée in 1942, at Valcourt in the Eastern Townships, Quebec. Over the years it has been a large manufacturer of regional aircraft, business jets, mass transportation equipment, recreational equipment and a financial services provider.In fiscal year 2011, Bombardier made 65 percent of its revenues in the rail segment in Europe.