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Aerospace Componentsworld trade 2024+1.2% 5Y CAGR

Jun 22, 2021NEW FACILITYShandong province, China

Diamond Aircraft to build CNY 200M aircraft plant in Shandong, China

Diamond Aircraft Industries will invest CNY 200 million to build a factory in Shandong province, China, to produce 220 general-purpose aircraft per year. Construction is expected to take seven months.

Value

$30.9M (200.0M CNY)

Status

Announced

Capacity

220 aircraft per year

Productsgeneral-purpose aircraftDiamond DA50Diamond HK36

CompaniesDiamond Aircraft Industries Wanfeng Auto Wheel investor

Sectors#Aerospace Components

“Austria's Diamond Aircraft Industries said it will invest CNY200 million to build a factory in eastern China to meet market demand.”yicaiglobal.com

1 source
yicaiglobal.comWanfeng Auto’s Shares Soar After Planemaking Unit Diamond Aircraft Reveals China Plant PlanTang ShihuaJun 22, 2021

Summarized from public sources; check the original articles before acting on it.

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