Amaero International Limited (ASX: 3DA) has given the green light to establish its flagship titanium powder manufacturing facility in Tennessee, United States, citing significant financial, operational, and strategic advantages compared to the UAE. Leveraging the "Nearing Completion" industrial facility, the project will expedite the installation of the titanium powder manufacturing plant, resulting in a 12-month acceleration of breakeven operations and an AU$22 million reduction in working capital requirements.
Amaero is actively pursuing US government funding and incentives aimed at re-shoring advanced manufacturing and strengthening critical materials supply chains. While maintaining strong relationships in the UAE, the company will explore "offset credit" funding for other strategic initiatives. Economic incentives from the Tennessee Department of Economic and Community Development, the Cleveland-Bradley Chamber of Commerce, the Tennessee Valley Authority, and the Oak Ridge National Laboratory further supported the selection of Tennessee for Amaero's flagship facility, research and development, and corporate headquarters.
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