The Miami Herald reports on the rise of Brazilian aircraft builder Embraer and the opening of their new U.S. headquarters in Fort Lauderdale, Florida.
Embraer is now number three among commercial aircraft builders in the world, behind Boeing and Airbus, and recently announced plans to build a $50 million dollar assembly plant in Florida for light and executive jets.
After overcoming financial problems in the 1990s, business is booming for Embraer with over four years worth of orders for commercial and executive jets to fill. The Miami Herald article explores how Embraer managed to overcome obstacles to find succcess and what challenges the company faces from global competitors.
Source: The Miami Herald
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