Embraer Pledges $1 Billion US Investment to Blunt Tariff Fallout
The production line for the F-39 Gripen fighter jet at the Embraer SA facility in Gaviao Peixoto, Sao Paulo state, Brazil.
Photographer: Victor Moriyama/BloombergEmbraer SA pledged to invest $1 billion in the US as the Brazilian aircraft manufacturer seeks to blunt any fallout from possible tariffs.
The planemaker is considering a $500 million investment in a new US assembly line that would create 2,500 jobs if the US government selects its KC-390 military aircraft, which Embraer would build locally. The company reiterated plans to invest another $500 million in plants in Texas and Florida over the next five years.