# Continental to build $70M engine factory in Mobile, Alabama

Continental, owned by AVIC, announced a $70 million investment in a new consolidated engine factory in Mobile, Alabama. The factory will consolidate operations from 11 buildings into one, with $40 million for machinery and $30 million for the building (leased).

- Type: New facility
- Announced: 2017-03-28
- Where: Mobile, Alabama, United States
- Value: $70.0M
- Status: announced
- Products: aircraft engines
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Continental](https://endata.com/companies/925.md)
- [AVIC Group](https://endata.com/companies/13184.md) (investor)

## Sources

- [avweb.com](https://avweb.com/ownership/continentals-new-factory/), 2017-03-28: "Continental, owned by China's AVIC, announced a $70 million investment in a new, consolidated engine factory in Mobile, Alabama."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.