# Shandong Nanshan Aluminum and Figeac Aero to form aerospace JV

Shandong Nanshan Aluminum Co., Ltd. signed a key terms agreement with Figeac Aero on March 10, 2018, to form a joint venture named Nanshan Figeac Aero Aerospace Parts Co., Ltd. The JV, with a registered capital of $20 million (50/50 split), will produce aerospace machined parts such as beams, rails, and stringers.

- Type: Partnership
- Announced: 2018-03-10
- Where: China
- Value: $20.0M
- Status: announced
- Products: aerospace machined parts, beams, rails, stringers
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Figeac Aero](https://endata.com/companies/16651.md) (partner)
- [Shandong Nanshan Aluminum Co. Ltd](https://endata.com/companies/26925.md) (partner)

## Sources

- [epaper.cs.com.cn](https://epaper.cs.com.cn/zgzqb/html/2018-03/14/nw.D110000zgzqb_20180314_4-A08.htm?div=-1), 2018-03-14: "The joint venture is conducive to the company's extension of the industrial chain and the use of aluminum alloy material technology advantages to provide customers with more value-added services."

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