VSMPO-Avisma and Boeing launched a joint venture to open a new manufacturing facility in Sverdlovsk, Russia, with an investment of 5.5bn roubles ($82.3mn). The facility will produce titanium forgings for Boeing commercial airplane programs including the 787 MAX, 787 Dreamliner, and 777X.
VSMPO-Avisma commissioned a new site for bulk titanium ring treatment at its Verkhnyaya Salda facility. The project cost 284 million rubles and was supported by industry development funds.
VSMPO-AVISMA Corporation plans to invest around $700 million in manufacturing activities by the end of 2024, including upgrades to pipe and section rolling plant, machining processes, and sheet-metal rolling plant.
VSMPO-Avisma and Boeing launched a new manufacturing unit in Russia's Sverdlovsk region, a second Ural Boeing Manufacturing joint venture facility, with investment of 5.5 billion roubles ($82.3 million). It will produce titanium forgings for Boeing commercial airplane programs.
Ural Boeing Manufacturing, a joint venture of Boeing and VSMPO-Avisma, opened a new production complex in the Titanium Valley special economic zone in Sverdlovsk Oblast, Russia. The facility will machine titanium parts for Boeing commercial aircraft programs, with an investment of 5.5 billion rubles.
Ural Boeing Manufacturing (UBM), a joint venture of VSMPO-Avisma and Boeing, opened a new plant in the Titanium Valley special economic zone in Sverdlovsk Oblast, Russia, on September 19, 2018. The plant produces machined titanium parts for Boeing aircraft, including 737 MAX, 777, and 787. Investment was about 5.5 billion rubles.
Ural Boeing Manufacturing, a joint venture between Boeing and VSMPO-Avisma, is due to start production at its second titanium machining plant in Verkhnyaya Salda, Russia, in September 2018. The expansion will triple total capacity for machined titanium parts.
Ural Boeing Manufacturing, a joint venture of VSMPO-AVISMA and Boeing, will launch production of aircraft components in a new plant in the Titanium Valley Special Economic Zone, Sverdlovsk Region, in September 2019. The investment is 5.5 billion rubles.
Ural Boeing Manufacturing, a joint venture between VSMPO-Avisma and Boeing, will launch a production facility in the Titanium Valley SEZ in Sverdlovsk Oblast, Russia, by the end of 2018. The project involves investment of 5.5 billion rubles and will create 230 jobs, producing machined titanium components for Boeing aircraft.
VSMPO-Avisma and OAK-Zakupki LLC have concluded long-term contracts for delivery of aluminum and titanium products to major Russian aviation industry enterprises, including the United Aircraft Building Corporation. Aluminum alloys will be supplied till 2019 and titanium alloys by 2020.
Ural Boeing Manufacturing, a joint venture of Boeing and VSMPO-Avisma, plans to invest over 5.5 billion rubles in a new facility in Sverdlovsk Oblast for machining titanium forgings used in Boeing aircraft. The plant will create up to 100 jobs.
VSMPO-AVISMA Corporation was chosen by Airbus as supplier of machined die forgings for the A350 XWB project, expanding their strategic partnership.
VSMPO-AVISMA is discussing a machine-processing joint venture with Figeac Aero, a supplier to Airbus. A new facility in the Titanium Valley is one option, but initially existing capacities will be used. The plant is expected to become operational in 2019 or 2020.
VSMPO-AVISMA's joint venture with Boeing, Ural Boeing Manufacturing (UBM), is nearing completion of its new UBM-2 facility in the Titanium Valley special economic zone in Sverdlovsk Region, Russia. The investment is 1.77 billion rubles ($207 million).
Ural Boeing Manufacturing, a joint venture between Boeing and VSMPO Avisma, will open a new production site in the first quarter of 2018, doubling capacity for machining titanium components for Boeing commercial programs.
VSMPO-AVISMA intends to start titanium product processing joint ventures with United Aircraft Corporation (UAC) and Figeac Aero, located in the Titanium Valley Special Economic Zone in the Middle Urals. Total investment in the VSMPO – New Technologies facility is about 1.7-1.8 billion rubles, with first batch production scheduled for Q1 2018.
| Site | Largest | Latest |
|---|---|---|
| Verkhnyaya Salda, Russia | $4.30M | 2019-01-24 |
| Sverdlovsk Region, Russia | $700.0M | 2018-12-27 |
| Titanium Valley Special Economic Zone, Russia | $87.0M | 2018-06-19 |
| Titanium Valley, Russia | $207.0M | 2017-06-21 |