SAO PAULO (Dow Jones)–Brazilian aircraft maker Embraer (ERJ, EMBR4.BR) said Tuesday it will invest about $18 million in order to create a subsidiary in China, called Embraer China Aircraft Technical Services Co. Ltd., or ECA.
“In light of the steady growth of its customer base in the country, Embraer strengthened its existing customer support capability by creating ECA. The business scope of the new subsidiary covers logistics and spare parts sales, as well as
consulting services regarding technical issues and flight operations,” Embraer said.
The Brazilian company has been represented since 2000 in China, where it operates through a joint venture with Aviation Industry Corp. of China, called Harbin Embraer Aircraft Industry.