# Ural Boeing Manufacturing to invest over RUB 5.5B in new titanium processing plant

Ural Boeing Manufacturing, a joint venture of Boeing and VSMPO-Avisma, plans to invest over 5.5 billion rubles in a new facility in Sverdlovsk Oblast for machining titanium forgings used in Boeing aircraft. The plant will create up to 100 jobs.

- Type: New facility
- Announced: 2017-07-20
- Where: Sverdlovsk Oblast, Verkhnyaya Salda, Russia
- Value: $95.0M (5.50B RUB)
- Jobs: 100
- Starts operating: 2018
- Status: announced
- Products: machined titanium forgings for aircraft wing, fuselage, and landing gear components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Ural Boeing Manufacturing](https://endata.com/companies/20964.md)
- [Boeing](https://endata.com/companies/685.md) (partner)
- [VSMPO-AVISMA](https://endata.com/companies/20043.md) (partner)

## Sources

- [aex.ru](https://www.aex.ru/news/2017/7/20/172733/), 2017-07-20: "Ural Boeing Manufacturing (СП Boeing и "ВСМПО-Ависма", UBM) намерено инвестировать более 5,5 миллиарда рублей в новое предприятие в Свердловской области по обработке используемых при сборке самолетов Boeing титановых штамповок"

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