# Airbus Atlantic plans to double investment in Santo Tirso factory

Airbus Atlantic CEO Cédric Gautier announced the intention to double the investment in its Santo Tirso, Portugal factory, which currently produces fuselage sections for A320 and A350 aircraft. The initial investment was €40 million, and the factory currently employs 130 workers, expected to reach 250 by end of 2023.

- Type: Expansion
- Announced: 2022-09-13
- Where: Santo Tirso, Portugal
- Value: $40.0M (40.0M EUR)
- Jobs: 250
- Status: announced
- Products: fuselage sections, panels for A320 and A350
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Airbus Atlantic](https://endata.com/companies/64361.md)

## Sources

- [econews.pt](https://econews.pt/2022/09/13/airbus-atlantic-to-double-investment-in-santo-tirso/), 2022-09-13: "I am very confident we make investments again."

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