Embraer To Sell Evora Site To Aernnova

Embraer staff at Evora mark the start of E175-E2 production.
Credit: Embraer
Embraer has agreed to sell its Evora site in Portugal to Spanish aerostructures specialist Aernnova for $172 million in the hope that the facility can attract business from other aircraft manufacturers while reducing Embraer’s exposure in aircraft components. Included in the transaction are the...

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