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World Class Aerospace Plant Opens in South Carolina.

CHARLESTON, S.C. -- Governor Mark Sanford joined Global Aeronautica Board Chairman Vincenzo Caiazzo and Vought Aircraft Industries President and CEO Elmer Doty for the grand opening of Global Aeronautica's new facility which will fabricate and integrate fuselage sections for the Boeing 787 Dreamliner jet.

The production of the Dreamliner jet is revolutionizing the aircraft industry as former competitors are now working together to produce and assemble components of the mainly composite-based aircraft at multiple locations throughout the world. Components will come from 87 other countries, including Italy and Japan, to North Charleston where Global Aeronautica will assemble, integrate, test and apply surface finishes to more than 60 percent of the airplane's fuselage. Once completed, the assembled pieces of the Dreamliner will be put on a specially-modified Boeing 747 Large Cargo Freighter (LCF), to be flown to Everett, Washington for final assembly and testing at Boeing's worldwide headquarters.

Global Aeronautica, LLC, is a joint venture of Alenia North America, Inc., a Finmeccanica Company, and Vought Aircraft Industries, Inc. of Dallas, Texas.

"The Global Aeronautica partnership continues to be one of our administration's biggest wins in terms of jobs, investment and exposure for our state," said Governor Sanford. "South Carolina's emergence as a new player in the aerospace industry not only enhances our ability to compete in a global economy for even more related jobs and capital investment, but the new technologies and intellectual capital generated by this innovative composite aircraft will provide a number of opportunities for South Carolina's workforce for many years to come."

"Today is another great day in South Carolina as two of the world's most respected aerospace companies chose Charleston as the home for this new joint venture that will revolutionize the aircraft manufacturing industry," added Secretary of Commerce Joe Taylor. "Our strategic location along the east coast of the United States, our efficient deep water port, our excellent tech school system and nationally-ranked worker training program along with a business-friendly climate led by Governor Sanford finalized these companies' decision to build this high-tech, state-of-the-art manufacturing complex. We welcome Global Aeronautica to our state and look forward to showing many of their aerospace partners why South Carolina continues to be a great place to do business."

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Publication:Business Wire
Date:Dec 6, 2006
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