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Strata Manufacturing to open new factory 2018

Strata Manufacturing to open new factory 2018
(Photo Credit: Company Press Release)

Abu Dhabi – Mubasher: Strata Manufacturing (STRATA), a subsidiary of Al Mubadala Company, on Monday announced its intention to start establishing a new factory in Nibras Al Ain Aerospace Park, Albayan newspaper said, citing Strata’s CEO Ismail Abdulla as saying.

The new factory will start its production by 2020 and will be named Factory of the Future – Strata 2.0, Abdulla added.

The new factory will produce the horizontal tail of the Airbus A320 and the vertical tail of Boeing B787 aircrafts, the CEO indicated.

The total value of Strata’s contracts during the past period exceeded AED 27.5 billion, for which the company manufactures parts of aircrafts from composite materials, Abdulla concluded.