LOS ANGELES —
European aircraft maker Airbus announced it will establish a manufacturing facility in Mobile, Ala. - its first in the U.S.
The company said Monday that it plans to manufacture the A320 aircraft at the new facility, which will begin to be built by next year. Deliveries will begin in 2016, but Airbus expects the facility will produce between 40 and 50 aircraft a year by 2018.
The single-aisle A320 is a direct competitor with Chicago-based Boeing Co.’s 737, the world’s most popular commercial jet.
“The time is right for Airbus to expand in America,” Chief Executive Fabrice Bregier said in the statement. “The U.S. is the largest single-aisle aircraft market in the world.”
The A320 is widely flown by carriers, including Virgin America, Delta Air Lines and US Airways.
Airbus, which is owned by European Aeronautic Defence & Space Co., has assembly plants in Toulouse, France; Hamburg, Germany; and Tianjin, China.
The company said the Alabama facility could create as many as 1,000 new jobs. Currently, Airbus’ U.S. facilities currently employ more than 1,000 people all together.
In recent years, Alabama has become a hub of high-level manufacturing. It is home to three major auto factories, including a Mercedes-Benz plant near Tuscaloosa, a Hyundai factory in Montgomery and a Honda facility in Lincoln.
The factories have created thousands more jobs at technically proficient suppliers that build components and do sub-assemblies for the auto plants.
Other automakers are eyeing a site near Huntsville that the state’s economic development officials are pitching a prime factory location.
Business
Airbus to build first US plane-making factory
- Business
-
-
A late fade on Wall Street; Wal-Mart, Disney slump
Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the stock market down Thursday.
-
American will favor passengers without roller bags
If you’re traveling light, you can board earlier on American Airlines.
-
Bill would limit lawsuits over lead contamination
A Missouri-based lead mining company could be shielded from punitive damages in state lead contamination lawsuits under a bill sent to Gov. Jay Nixon.
-
Senate panel considers labor board nominees
Senate Republicans said Thursday they would not support five nominees to the National Labor Relations Board, raising the possibility the troubled agency could be rendered mostly inoperable later this year.
-
Missouri lawmakers pass changes to workers’ comp claims
Missouri lawmakers gave final approval Thursday to a measure that would double the fees charged to businesses in order to replenish an insolvent fund for disabled workers who suffer serious job-related injuries or illnesses.
-
Work could begin soon on new Interstate 44 interchange east of Joplin
Construction of a new interchange at Interstate 44 and Prigmore Avenue to serve the Crossroads Center Business and Distribution Park was added Thursday to the Transportation Improvement Program for Southwest Missouri.
-
Dow to appeal $1.2 billion damages order
A federal judge is ordering Dow Chemical Co. to pay $1.21 billion in damages after it lost a class-action lawsuit that accused it of conspiring to fix prices.
-
Weak open on Wall Street; Wal-Mart disappoints
Wal-Mart led the Dow Jones industrial average lower early Thursday after the world’s largest retailer turned in weaker sales and a dim forecast for profits.
-
Tennessee senator: Sale idea cost TVA $500 million
Sen. Lamar Alexander says President Barack Obama’s plan to consider selling the Tennessee Valley Authority has already cost hundreds of millions of dollars — even if the nation’s largest public utility is never sold.
-
Google’s products dig deeper into people’s lives
For Google CEO Larry Page, happiness is a warm computer.
- More Business Headlines
-



