Embraer Commits $70M To New MRO Facilities In Fort Worth, Creating 250 Aviation Jobs
Portfolio Pulse from Benzinga Newsdesk
Embraer is investing $70 million in new MRO facilities in Fort Worth, Texas, which will create 250 aviation jobs. The project will start in an existing hangar and expand to a new facility.
October 16, 2024 | 5:19 am
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Embraer is investing $70 million in new MRO facilities in Fort Worth, Texas, which will create 250 aviation jobs. This expansion could enhance Embraer's service capabilities and market presence in the U.S.
The $70 million investment in MRO facilities indicates Embraer's commitment to expanding its service capabilities in the U.S. This could lead to increased revenue from maintenance services and strengthen its market position, positively impacting the stock price.
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