Polish company to produce airplanes in China
10:23
Mielec-based Aero AT has signed a contract with Jiangsu Aero AT Aviation Technologies and Changzhou National Hi-Tech District to start production of M-20 Mewa business jet in Changzhou Konggang Industrial Park, Puls Biznesu daily reported.
The manufacturing facility encompasses a total investment of $150 million. In April, Aero AT (Jiangsu) Aviation Industrial purchased intellectual property for the M-20 Mewa business jet from U.S.-based Sikorsky Aircraft's subsidiary in Poland.
The first M-20 Mewa is expected leave the production line in 2017, followed by 50 aircraft every year starting in 2018.
Changzhou is a manufacturing and logistics hub in China's Yangtze River Delta area.