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Aeronautics: Airbus acquires Spirit AeroSystems major activities, including Casablanca plant

European aircraft manufacturer, Airbus, has agreed with U.S. supplier “Spirit AeroSystems” to acquire the major activities related to its airbus planes manufacturing in five plants, including the Casablanca site. In a press release issued Monday, Airbus said the $559 million acquisition deal aims to ensure stability of supply for its commercial aircraft programs through a […]

Business Headlines Morocco

Aeronautics: Hexcel expands Casablanca plant to meet growing demand of aerospace customers

Hexcel Corporation is expanding its manufacturing site in the Midparc Free Trade Zone in Casablanca to meet increased demand from aerospace customers for lightweight advanced composites. A ground-breaking ceremony for the extension was held Tuesday in presence of minister of Industry & Trade Ryad Mezzour, Hexcel top managers and customers. The expansion is expected to […]

Americas Business Headlines International Morocco

Bombardier Casablanca plant to continue production after sale off

Bombardier plans to sell off its plant in Casablanca, which will go to an airplane manufacturer that will keep jobs as well as production, Minister for industry and investment Moulay Hafid Elalamy said. The new owner will be a sub-contractor that will continue to supply bombardier with jet parts, he said, citing Airbus, British JKN […]