ST Aerospace launches new components manufacturing site in Germany

It has a planned investment of $61.5m.

ST Aerospace’s subsidiary Elbe Flugzeugwerke GmbH (EFW) will be setting up a new subsidiary in Kodersdorf, Germany, with a planned equity of €5.5m.

The new company will be responsible for the production of lightweight components, mainly comprising floor panels and cargo linings, for single aisle Airbus aircraft.

The facility will supplement EFW's existing production line in Dresden, Germany, as EFW expands its component production business.

Occupying a land area of 30,000sqm, with planned investment of about €40m (approximately S$61.5m), the new facility will house a component manufacturing factory, furnished with new equipment and toolings. Component production at the new facility is planned to commence by first half of 2018.

The new subsidiary is expected to create about 100 new jobs by end 2018.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia