Airbus' first assembly line in the United
States, to be built in Mobile, Alabama, will produce between 40 and
50 aircraft a year and create 1,000 jobs once fully functional, the
company said Monday.
Europe-based Airbus, the primary competitor of US plane manufacturer Boeing, will begin construction on the facility in 2013 and plans to begin manufacturing planes by 2016.
Airbus President and CEO Fabrice Bregier made the announcement at a press conference in Mobile.
"The time is right for Airbus to expand in America," Bregier said. "The US is the largest single-aisle aircraft market in the world - with a projected need for 4,600 aircraft over the next 20 years - and this assembly line brings us closer to our customers."
Most Popular Stories
- SEO Traffic Lab Celebrate Wins at Digital Marketing Event 'Internet World 2013' in London
- Social Media Initiatives Should Follow Customers' Lead
- Apple CEO: Offshore Units Not a 'Tax Gimmick'
- U.S. Senate Accuses Apple of Large-scale Tax Avoidance
- UTEP Water Recycling Project Wins Venture Titles
- Marketo Makes a Mint in IPO: Stock Shoots Up More than 50 Percent
- Bieber Booed at Billboard Awards
- Crude Oil Up, Gasoline Down
- Austin Startup Compare Metrics Raises $3.5 Million for Expansion
- Why So Many Top 'Car Guys' Are Actually Women