• A two phased plan will start with operations in an existing hangar while construction of a new state of the art facility is underway.

• Fort Worth City Council approved incentives that will create approximately 250 new skilled aviation jobs in Texas

FORT WORTH, Texas, Oct. 15, 2024 /PRNewswire/ -- Embraer (B3: EMBR3, NYSE: ERJ) today announced the expansion and investment in the United States of its maintenance, repair and overhaul (MRO) services network to support the growing fleet of E-Jets with the opening of a new Embraer owned service center at the Perot Field Alliance Airport, in Fort Worth, Texas.

In partnership with the City of Fort Worth, Denton County and the State of Texas, Embraer expects to begin operations in an existing hangar, in the beginning of the second quarter of 2025, while building a second hangar that should be concluded by 2027. With the new facilities, Embraer's capacity to serve the E-Jets customers will increase by 53% in the US. The investment will reach up to $70 million and is expected to create approximately 250 new aviation jobs in Texas.

"We are excited to receive the final approval for this important expansion of our MRO business that supports our continued investment in the US market," said Carlos Naufel, president and CEO Embraer Services & Support. "We have a long-standing relationship with the State of Texas and look forward to our partnership with Hillwood at Alliance, and the opening of this new service center will create hundreds of highly skilled jobs in a vital segment for the aviation industry."

The new Fort Worth service center will be added to the global network of Embraer which includes 80 authorized centers and 12 owned service centers around the world.

"We are excited to welcome Embraer, a global leader in aviation, to Perot Field Fort Worth Alliance Airport and North Texas," said Ross Perot, Jr, Chairman and CEO of Hillwood. "This new facility will bring 250 high-quality jobs to Fort Worth and North Texas, further strengthening our region's role as a key hub for aerospace innovation while ensuring that Embraer can efficiently support its expanding fleet of commercial jets in the U.S.  We are proud to be a part of this exciting new chapter in their growth."

"We're thrilled that Embraer has selected Fort Worth and Perot Field Fort Worth Alliance Airport for their new aircraft facility," said Robert Allen, President & CEO, Fort Worth Economic Development Partnership. "Collaborating closely with Hillwood and Embraer's team throughout the entire process, this project stands as a clear testament to Fort Worth's robust aerospace and defense sector. We're excited to see the lasting impact this will have on the industry and our community's continued growth."