Universal Alloy Corporation to build $170M aircraft parts plant in Da Nang
Universal Alloy Corporation (UAC) received an investment license to build a US$170 million aircraft components factory in Da Nang's Hi-Tech Park, Vietnam. The project will be built in two phases from 2019 to 2026, initially employing 650-1,200 people and exporting to North America and Europe.
Capacity
5,000 tons of molded aluminum composites per year; 2,400 tons of extruded aluminum composites annually (phase 1)
Productsaircraft fuselage componentsengine elements
“The central city of Da Nang has granted a new investment licence to a factory for aircraft components of Universal Alloy Corporation, worth US$170 million.”en.vietstock.vn
- 8 sources
- en.vietstock.vnUS aircraft parts plant coming to Da Nang | VietstockFeb 28, 2019
- en.vietstock.vnUAC to kick off $170 million factory in Danang | VietstockMar 16, 2019
- en.vietstock.vnUAC to kick off $170 million factory in Danang | VietstockMar 16, 2019
- en.vietstock.vnUAC to export first aerospace components in June 2020 | VietstockMar 30, 2019
- e.vnexpress.net(Radha) Vietnam kicks off $170 million aerospace components factory - VnExpress InternationalHung LeMar 31, 2019
- en.cand.vn
Summarized from public sources; check the original articles before acting on it.