PIAGGIO AERO INDUSTRIES:  PRODUCTION UNITS IN ITALY

Piaggio Aero Industries , with registered office located in Rome, is a major international aerospace company with three main production facilities covering 120,000 square metres (1.3 million square feet) in the northwest Italian cities of Genoa Sestri and Finale Ligure and a High Technology Centre based in Pozzuoli, near Naples. 

Final aircraft assembly and flight-testing of aircraft is located at the corporate headquarters on the Genoa International Airport.  Also located here is the Company’s new JAR 145 certified service centre which offers full service and support to P180 customers as well as other aircraft.  Piaggio Aero also operates two additional service centres, one at Rome’s Ciampino Airport and the other at the Pratica di Mare Air Base.  These service centres provide support services to commercial, government and military customers.

Aircraft and engine component manufacturing activity, general engineering, and engine maintenance and overhaul are all undertaken at Finale Ligure.  Operations include a maintenance centre and two production areas, one for engines and sheet metal parts, another for major aircraft sub-assemblies and aerostructures.

The High Technology Centre located in the Campanian region of Italy, near Naples, focuses on aero structure design and innovative systems research.  It includes the Piaggio High Technology (PHT) division, a creative corporate research facility which focuses on aeronautical technologies.  The PHT division is a joint partnership between Piaggio Aero Industries, the Italian Centre for Aerospace Research (CIRA), and other major European research centres.  The goal is to establish the PHT as a Centre of Excellence for aeronautic research and development.  It is expected that this Centre will continue the Piaggio Aero tradition of new and innovative aerospace technologies and products.
Planned for completion in 2007, Piaggio Aero is building a new state-of-the-art manufacturing facility in Villanova d’Albenga, about 70 kilometers west of Genoa.  Designed around the principles of lean manufacturing technologies, this plant will allow Piaggio to significantly increase production capacity, production efficiency and optimize workflow.  This new facility will position Piaggio Aero to meet the challenges of the market and respond to the demands of future growth.

INTERNATIONAL

The company has four operating bases: Genoa (Corporate Headquarters), Finale Ligure, Naples and West Palm Beach, Florida (Piaggio America INC). In addition, the Company is building a new state-of-the-art manufacturing facility in Villanova d’Albenga, which will implement the latest in lean manufacturing technology.