Embraer President and CEO Frederico Curado said recently that “We do not see the current crisis in the United States as a long term one, and we believe in the recovery of the US economy. I see many companies leaving the US. We just think the opposite – we think this is the right moment to invest in the US and be ready when the crisis is over.” The builder of small commercial jets of up to 120 seats announced it will invest $50 million in building its first factory in the US in Florida. The 126,000 sf plant will employ workers in fields including flight testing and interior design.
In addition to the regional jets it builds, Embraer also manufactures aircraft for the business aircraft section including its Legacy 600 aircraft and the Phenom series of business jets.
What a change for a company that cut 4,000 jobs from its workforce in 1990/1991. Perhaps we could learn something from this company.
Until next time keep your wings straight and level Hersch! JetAviator7