# Georgian-Israeli JV ATC Aero to open $85M aerospace composites plant near Tbilisi

ATC Aero, a joint venture between the Georgian Partnership Fund and Elbit Cyclone, is finalizing preparations for an $85 million composites production plant near Tbilisi International Airport, to be commissioned in April 2018, producing parts for Airbus and Boeing.

- Type: New facility
- Announced: 2018-03-08
- Where: near Tbilisi International Airport, Tbilisi, Georgia
- Value: $85.0M
- Jobs: 300
- Starts operating: Apr 2018
- Status: under construction
- Products: composite parts for civilian aircraft, aerodynamic surfaces, doors, wing parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [ATC Aero](https://endata.com/companies/30547.md)
- [Elbit Cyclone](https://endata.com/companies/30225.md) (partner)
- [Georgian Partnership Fund](https://endata.com/companies/30548.md) (partner)

## Sources

- [innovationintextiles.com](https://innovationintextiles.com/georgianisraeli-partnership-builds-aerospace-composites-plant/), 2018-03-08: "Georgian ATC Aero, a joint venture between the Georgian Partnership Fund and Israeli weapons producer Elbit Cyclone, is finalising preparations for the unveiling of a large-scale US$85 million composites production plant in the Georgian capital near Tbilisi International Airport."

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