# 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.

- Type: New facility
- Announced: 2019-02-28
- Where: Da Nang Hi-Tech Park, Vietnam
- Value: $170.0M
- Jobs: 1,200
- Starts operating: Feb 2020
- Status: announced
- Capacity: 5,000 tons of molded aluminum composites per year; 2,400 tons of extruded aluminum composites annually (phase 1)
- Products: aircraft fuselage components, engine elements
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Universal Alloy Corporation](https://endata.com/companies/5270.md)

## Sources

- [en.vietstock.vn](https://en.vietstock.vn/2019/02/us-aircraft-parts-plant-coming-to-da-nang-974-349331.htm), 2019-02-28: "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](https://en.vietstock.vn/2019/03/uac-to-kick-off-$170-million-factory-in-danang-974-351423.htm), 2019-03-16: "The construction of the $170 million Sunshise aerospace components factory invested by Universal Alloy Corporation (UAC) will be started on March 29."
- [en.vietstock.vn](https://en.vietstock.vn/2019/03/uac-to-kick-off-170-million-factory-in-danang-974-351423.htm), 2019-03-16: "The construction of the $170 million Sunshise aerospace components factory invested by Universal Alloy Corporation (UAC) will be started on March 29."
- [en.vietstock.vn](https://en.vietstock.vn/2019/03/uac-to-export-first-aerospace-components-in-june-2020-974-353539.htm), 2019-03-30: "The first shipment of 47 containers of aerospace components will be exported in June 2020 by Danang Sunshine."
- [e.vnexpress.net](https://e.vnexpress.net/news/business/companies/us-firm-begins-construction-of-170-mln-aerospace-parts-factory-in-vietnam-3902006.html), 2019-03-31: "The U.S.’s Universal Alloy Corporation began construction of its $170 million Sunshine aerospace components factory in Da Nang Friday."
- [en.cand.vn](https://en.cand.vn/us-firm-begins-construction-of-170-mln-aerospace-parts-factory-in-vietnam-post515730.html), 2019-03-31: "The plant would come up on a 1.67 hectare site in the Hi-Tech Park in two phases by 2026."
- [newspim.com](https://www.newspim.com/news/view/20190401000474), 2019-04-01: "미국 항공기 부품 제조사 UAC(Universal Alloy Corporation)가 1억7000만달러를 투자한 베트남 다낭 항공기 부품 제조 공장 건설에 29일 착수했다"
- [vietnamnet.vn](https://vietnamnet.vn/en/vietnam-aerospace-industry-taking-off-562242.html), 2019-08-27: "UAC kicked off construction of the $170 million Sunshine aerospace parts factory at the Da Nang Hi-tech Park in March."

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