# VSMPO-Avisma and Boeing open new titanium forging JV in Sverdlovsk

VSMPO-Avisma and Boeing launched a new manufacturing unit in Russia's Sverdlovsk region, a second Ural Boeing Manufacturing joint venture facility, with investment of 5.5 billion roubles ($82.3 million). It will produce titanium forgings for Boeing commercial airplane programs.

- Type: New facility
- Announced: 2018-09-19
- Where: Sverdlovsk region, Urals, Russia
- Value: $82.3M (5.50B RUB)
- Starts operating: 19 Sep 2018
- Status: completed
- Products: titanium forgings
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

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

## Sources

- [reuters.com](https://www.reuters.com/article/business/vsmpo-avisma-and-boeing-launch-new-titanium-joint-venture-in-russia-idUSKCN1LZ2IW/), 2018-09-19: "Russia's VSMPO-Avisma, the world's largest titanium producer, and U.S. planemaker Boeing have launched a new manufacturing unit in Russia's Urals region of Sverdlovsk."

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