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Aerospace manufacturing takes off

Admin | 15.02.2013

Mexican exports of aircraft parts amounted to US$5.428 billion in 2012, to post 20.5% year-to-year increase, the Mexican Federation of Aerospace Industry, Federacion Mexicana de la Industria Aeroespacial (Femia), informed.

Mexican exports of aircraft parts amounted to US$5.428 billion in 2012, to post 20.5% year-to-year increase, the Mexican Federation of Aerospace Industry, Federacion Mexicana de la Industria Aeroespacial (Femia), informed.

Sales abroad have therefore posted four years in a row of steady growth, which has reached 73.6% over 2008, the year prior to the international financial crisis.

“There are great opportunities to keep on growing because we are working with the program of a high technology and innovative industry with a great future”, Carlos Bello, General Direction, Femia, said.

Aeronautic Sector in Mexico received investments for US$1.150 billion in 2010, and for US$1.2 billion in 2011, while according to Femia’s estimates the investment in 2012 reached between US$1.1 and US$1.3 billion.

Bello added that most likely Mexico was once again the country that attracted the largest investment in the aeronautics sector in the world, like in 2010 and 2011. Eurocopter, for example, will inaugurate today a new plant in Queretaro, where they will manufacture doors for Airbus airplanes and helicopter parts, and where they are even planning to assemble helicopters in later stages.

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