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Embraer to Create Two Centers of Excellence in Portugal

New units to produce metallic airframe structures and composites components and assemblies

(Sao Jose dos Campos, July 26, 2008) -- In a ceremony held today in Lisbon, Embraer announced plans for implementing two new industrial units dedicated to manufacturing complex airframe structures, one focused on metallic assemblies and the other on composites, both of which to be located in the city of Evora, Portugal.

The event was attended by the Prime Minister of Portugal, Jose Socrates Carvalho Pinto de Souza, the President of Brazil, Luiz Inacio Lula da Silva, Embraer's President & CEO, Frederico Fleury Curado, as well as government and press officials from both countries.

"We are pleased to announce new investments in Portugal, which represent another important strategic step towards improving Embraer's productivity and competitiveness, whilst also supporting Company's growth and its global presence," said Frederico Fleury Curado, Embraer President & CEO. "We firmly believe that these technological state-of-theart operations will represent an important contribution to the region of Evora, as well as to Portugal and to the European Union, one of our largest and most important markets, both for our supplies and aircraft sales and services."

Source : Embraer

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