Brazil - Brazzil Mag - Brazil's Embraer to Invest US$ 231 Million in Portugal Units
Advertisement
  Home Sunday, 23 November 2008 
Main Menu
Home
News
Back Issues
Advertising
Contact Us
Brazil Forum
Magazine
Brazzil Classic
Yellow Pages
Classifieds
Images
BrazzilMag Newsfeed
Custom Search
Amazon Body Care


--------------------
Instant payday loan from a leading company. Apply for no fax payday loan now. Get payday loan worth up to $1500 tomorrow.
--------------------
Searching for the secure way for Brazil money transfer, look no further. Better than wiring money , use the best way to send money online .
--------------------

Free Advertising | Credit Cards | Books | Fast Loans | WoW Gold
-------------
Brazil /Organic personal skin care wholesale / Brazil
--------------
Using your phone overseas
Who's Online
We have 49 guests online
Latest News
Statistics
Members: 414
News: 10236
Web Links: 0
User Menu
Your Details
Submit News
Check-In My Items
My Comments
Login Form





Lost Password?
No account yet? Register
Related Items
Contribution
Have you got news?

Do you have news, comment or story on Brazil you want to share with Brazzil? Just send it our way to brazzil@brazzil.com.

 

Brazil's Embraer to Invest US$ 231 Million in Portugal Units PDF Print E-mail
Written by Newsroom   
Friday, 01 August 2008

Legacy executive jet made by Brazil's Embraer Embraer, Brazil's aircraft maker, is going to set up two new industrial units in the city of Évora, in Portugal. One of them should be used to produce metallic assemblies and the other composite material products. This information was disclosed by the aircraft manufacturer last weekend.

Évora was chosen due to access to qualified labour, logistics infrastructure and to the existence of a technological park turned to the aeronautics industry. According to Embraer, the units should have a high level of industrial automation and innovative processes. Investment should reach US$ 231 million in six years.

The investment had already been forecasted in the company's planning, according to an Embraer press statement. "We are pleased to announce new investments in Portugal, which represent another important strategic step towards improving Embraer's productivity and competitiveness, whilst also supporting the company's growth and its global presence," said the company's president and CEO, Frederico Fleury Curado.

According to Curado, Évora, Portugal and the European Union are benefited by the operations. The European Union, pointed out the company's president, is one of the largest and most important markets for Embraer, both for the purchase of equipment and inputs and for the sale of aircraft.

Embraer is the world leader in commercial jets for up to 120 passengers and one of the main Brazilian exporters. The company is headquartered in the city of Săo José dos Campos, in the interior of the state of Săo Paulo, and also has operations in the United States, France, Portugal, China and Singapore.

Anba

Hits: 1323
Comments (1)Add Comment
Great Investment
written by George, August 01, 2008
I love this investment. It will be a great addition to a great company's portfolio.
report abuse
vote down
vote up
Votes: +0

Write comment
quote
bold
italicize
underline
strike
url
image
quote
quote
smile
wink
laugh
grin
angry
sad
shocked
cool
tongue
kiss
cry
smaller | bigger

security code
Write the displayed characters


busy




Reddit!Del.icio.us!Facebook!Slashdot!Netscape!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Add this social bookmarking functionality to your website! title=
 
< Prev   Next >