on FIGEAC AERO (EPA:FGA)
FIGEAC AÉRO consolidates its presence in China with new advances
FIGEAC AÉRO, a key player in the aeronautical industry, is strengthening its commitment to China through its joint venture Nanshan Figeac Aero Industry (NFAI). This initiative aims to develop advanced industrial solutions and expand its participation in this strategic market.
The joint venture, the result of collaboration with Shandong Nanshan Aluminum Co., recently enriched its machine park with five-axis machining centers. These are intended for the manufacture of complex single-block aluminum parts, meeting the requirements of major international manufacturers. NFAI also successfully completed the annual audit for the renewal of its EN 9100 certification, ensuring compliance with the industry's high quality standards.
In terms of commercial developments, NFAI obtained a first major contract for the production of parts for a renowned business jet and was qualified by the Chinese aeronautical giant AVIC. This progress demonstrates the growth potential of FIGEAC AÉRO in China, in a context where the country could require up to a quarter of the world's new aeronautical devices over the next two decades.
R. E.
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