# Universal Alloy Corporation expands Vietnam plant for composite components

Universal Alloy Corporation is making phase 2 investments in its factory at the Danang Hi-tech Park in Vietnam to expand production, including painting products and manufacturing composite components. The total investment for the 16.8-hectare project is VND 3,943.2 billion ($158.2 million).

- Type: Expansion
- Announced: 2024-08-20
- Where: Danang Hi-tech Park, Danang, Vietnam
- Value: $158.2M (3943.2B VND)
- Status: under construction
- Capacity: 3,570 tons of items per year, 1,000 tons surface processing, 500 tons assembly, 50 tons composite components
- Products: composite components, aluminium alloy items, raceways, stringers, seat rails, cross beams
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

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

## Sources

- [theinvestor.vn](https://theinvestor.vn/aircraft-supplier-universal-alloy-corporation-to-make-composite-components-at-vietnam-plant-d11888.html), 2024-08-20: "The second phase will paint products and manufacture composite components."

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