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0 0.000987166831194451 0.00296150049358335 0.0019743336623889 -0.00493583415597243 -0.00987166831194468 -0.00789733464955578 -0.00691016781836133
Stock impact report

Joby's California expansion does not ground Dayton manufacturing plans, company says [Yahoo! Finance]

Joby Aviation, Inc. (JOBY) 
Company Research Source: Yahoo! Finance
"Our plan has always been to do pilot production/early manufacturing in Marina (Calif.), close to our engineering base," the spokeswoman said in response to questions from the Dayton Daily News Monday evening. "This will enable us to understand and perfect manufacturing before scaling it, which is what we plan to do in Ohio" Joby on Monday announced that it broke ground on the expansion of its pilot production line in Marina. The expansion will "more than double" its manufacturing footprint at the Marina Municipal Airport and is expected to begin operations next year, the company said. Joby said it also showcased its second production prototype aircraft Monday, which recently rolled off the company's California production line. The aircraft is expected to join Joby's first prototype at Edwards Air Force Base later this year. Two additional aircraft are in final assembly, the company said. The expanded facility is designed to support a target production rate of 25 aircraft per Show less Read more
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