Airbus To Increase Shareholding of China's Harbin Factory
The Harbin Hafei Airbus Composite Manufacturing Center houses automated-tape-laying, autoclave, automated trimming and non-destructive test equipment. (Photo: Airbus)
The Harbin Hafei Airbus Composite Manufacturing Center houses automated-tape-laying, autoclave, automated trimming and non-destructive test equipment. (Photo: Airbus)

Airbus will increase its share China’s Harbin Hafei Airbus Composite Manufacturing Center (HMC) from 20 to 25 percent under the terms of an agreement signed recently by Airbus COO Günter Butschek and AVIC executive vice president Geng Ruguang. Established in the 2009, the joint venture involves Airbus and a group of Chinese partners led by Avic.