Emirati’s Strata Eyes Morocco to Channel Supply to Europe
United Arab Emirates-based aero-structures manufacturing company is eyeing investment in Morocco to ease supplies to its European market.
The announcement was made by the company’s CEO Badr Al Olama in a statement to Reuters.
“We are looking for a country near Europe, I have mentioned Morocco,” Al Olama said.
Strata is owned by Mubadala Aerospace also based in the United Arab Emirates (UAE).
The company specializes in aero-structures manufacturing; production of high quality aircraft components and products for original equipment manufacturers.
It seeks to meet the demands of the 21st century aerospace industry by forming partnerships with aircraft OEMs and combining leading-edge technology, best practice manufacturing processes, an integrated supply chain, and a high calibre workforce.
Strata boast partnership with EADS/Airbus, The Boeing Company, Finmeccanica/Alenia Aeronautica, SABCA and FACC.