# VSMPO-AVISMA and Boeing near completion of UBM-2 facility in Russia

VSMPO-AVISMA's joint venture with Boeing, Ural Boeing Manufacturing (UBM), is nearing completion of its new UBM-2 facility in the Titanium Valley special economic zone in Sverdlovsk Region, Russia. The investment is 1.77 billion rubles ($207 million).

- Type: New facility
- Announced: 2017-06-21
- Where: Titanium Valley, Sverdlovsk Region, Russia
- Value: $207.0M (1.77B RUB)
- Status: under construction
- Products: molded titanium parts for aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [VSMPO-AVISMA](https://endata.com/companies/20043.md)
- [Boeing](https://endata.com/companies/685.md) (partner)

## Sources

- [rusaviainsider.com](http://www.rusaviainsider.com/russias-vsmpo-avisma-gains-weight/), 2017-06-21: "The new facility’s production and administrative buildings will be completed this summer, with the volume of investment required for the project standing at 1.77 billion rubles ($207 million)."

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