Airbus announces the construction of its first assembly plant in U.S.

| July 2, 2012

The European aeronautics consortium EADS today announced an investment of 600 million euros to build the first assembly plant of Airbus in the United States that will compete at home his great rival, Boeing.

EADS consortium in which Spain announced the first step in the assembly from 2015 of the A320 in the U.S. in a ceremony in Mobile (Alabama), where the European aircraft expected to create approximately 1,000 jobs in addition to those related with external suppliers.

“This is the right time to expand in the U.S., the first market for single-aisle aircraft with a projected needs of 4,600 new aircraft over the next 20 years,” he said in a statement the president of Airbus, Fabrice Brégier.

The big competitor to Boeing put this plant in the southern bases to increase the presence of Airbus aircraft in the U.S., especially with the single-aisle A320, for airlines that want to reduce costs in domestic routes or short and middle distance.

Alabama Gov. Robert Bently, was present at the launch event of the Airbus plant in Mobile, which considered key to the development of the region.

This aircraft is in direct competition with new models like the Boeing 737.

Boeing had previously criticized choose Airbus is bad for national job creation.

With the presence of Airbus in the U.S., both multinationals be competing for local suppliers like General Electric and other smaller companies.

Brégier told a news conference in Mobile that for every work in the Airbus plant will create four new jobs related and management positions have occupancy Americans, an important argument in the U.S., where unemployment is at levels record of over 8 percent.

Boeing, Airbus whom has had and maintains long and multimillion dollar commercial disputes, employs about 2,700 people in Alabama on defense programs and rockets.

Airbus, which already assembles A320 family aircraft in France, Germany and China, Alabama is planning to produce 40 to 50 aircraft per year since 2018.

Mobile plant will be the first major Airbus assembly line in the U.S., although European aerospace giant already has an engineering center in Alabama to attend the Coast Guard.

In the Virginia headquarters of Airbus, Airbus employs a thousand people, while EADS manufactures helicopters under the Eurocopter project in Mississippi and Texas.

Category: Investing

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