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FACC: New Production Plant in China
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The Austrian aircraft component manufacturer is planning the construction of a new site and considering going public soon.
FACC: New Production Plant in China / Picture: © FACC
One and a half years after FACC’s acquisition by Chinese XAC (Xi'an Aircraft Industry Company Ltd.) and financial investor Advanced Treasure Limited (ATL) headquartered in Hong Kong part of the company’s production will be moved to the owners’ home country. The start of construction works of the new production plant in Zhenjiang, 250 kilometers north of Shanghai, will be in the…
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