Rotorcraft
AVIC Shifts Helicopter Base to Tianjin
China Aviation Industry Corp (AVIC) will build a $1.2 billion commercial helicopter plant in the northern port city of Tianjin with the local government to

China Aviation Industry Corp (AVIC) will build a $1.2 billion commercial helicopter plant in the northern port city of Tianjin with the local government to consolidate its diverse businesses. The move will allow the company to make full use of the geographical advantage of Tianjin as a port city, said a spokesman.

Under the agreement, AVIC will inject its helicopter development and manufacturing assets into the new company. These assets include China Helicopter Research and Development Institute, Harbin Aircraft Industry Group, Changhe Aircraft Industries and Baoding Propeller Factory.