Reported Earlier, RTX's Collins Aerospace To Relocate Singapore Plant To Advanced $250M Seletar Aerospace Park Facility
Portfolio Pulse from Benzinga Newsdesk
RTX's Collins Aerospace is relocating its Singapore plant to a new $250 million facility at Seletar Aerospace Park.

July 24, 2024 | 6:30 am
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RTX's Collins Aerospace is relocating its Singapore plant to a new $250 million facility at Seletar Aerospace Park, indicating a significant investment in advanced manufacturing capabilities.
The relocation to a new $250 million facility suggests a strategic investment in advanced manufacturing capabilities, which could enhance operational efficiency and product quality. This is likely to be viewed positively by investors, potentially driving the stock price up in the short term.
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