Archer completes construction of high-volume manufacturing facility

Covington, ga.--(business wire)---- $achr--archer aviation inc. (nyse : achr) announced today that earlier this week it received the certificate of occupancy for its high-volume manufacturing facility, arc, which is connected to the covington municipal airport in georgia. archer is now working to complete the tooling load-in for the initial manufacturing line at this facility. production is planned to begin in early 2025, with the goal of ramping to a rate of two aircraft per month by the end of the year.
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