Archer closes incentive transaction; begins construction on first of its kind high-volume evtol manufacturing facility in covington, ga

San jose, calif.--(business wire)--archer aviation inc. (nyse: achr) today announced that it has closed the local incentive transaction and begun construction on its high-volume manufacturing facility project in covington, ga. the planned approximately 350,000 square-foot facility is strategically located adjacent to the covington municipal airport and will be capable of producing up to 650 aircraft per year.
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