Europe's Airbus to build planes in US

by Phil's Stock World, Benzinga Contributor
July 3, 2012 3:34 PM | 1 min read |

Europe's Airbus to build planes in US (via AFP)

European planemaker Airbus unveiled plans to open a factory on Boeing's home turf Monday, a gambit that would see the firm roll out its first US-built plane by 2016. The new $600 million assembly plant, to be built in the southern port city of Mobile, Alabama, on the Gulf of Mexico, will produce the…

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