Embraer S.A. and Zodiac Aerospace reached an agreement to set up a joint venture to manufacture cabin interior parts for the EMBRAER 170/190 family of jets. This jointly operated manufacturing facility will be located in Mexico and reinforces a long-time successful partnership between Embraer and Zodiac Aerospace.
“This facility in Mexico will be used to manufacture interiors for our current family of E-Jets and new interiors for tomorrow’s aircraft”, said Artur Coutinho, Embraer COO. “We have a long-standing partnership with Zodiac Aerospace, and are proud to establish this venture to manufacture new state of the art products which will have been co-developed by Embraer and Zodiac Aerospace and will maintain the excellent experience passengers have flying Embraer airplanes.”
“I'm very pleased with this new step in a long-time successful cooperation between Zodiac Aerospace and Embraer,” said Maurice Pinault, Zodiac Aerospace deputy CEO.
The establishment of an interiors facility in Mexico represents one more important step in Embraer´s process of manufacturing globalization. Embraer today has industrial facilities in China, Portugal and, most recently, in the U.S., where the Company currently assembles the entry level executive jet Phenom 100.
Source: Embraer - Empresa Brasileira de Aeronautica S.A. (NYSE: ERJ)
Date: Jun 13, 2012