Eurocopter flies high in Mexico.

For long, the helicopter maker only employed about 50 workers in Mexico. Today, it has more than 140 employees in the country and generates $ 105M in turnover. “Our order book is full through 2011 and we are catching up with Eurocopter Brazil”,

Zodiac confirmed it would announce an acquisition shortly.

The French aerospace supplier unveiled its first-half results (to Feb. 29) yesterday. Due to the weak dollar, the group reported a 20 % drop in operating result, at € 110M. The acquisition, therefore, should target a company located “in the dollar zone”, a Zodiac spokesman said. In parallel, the group will develop production capacities in low-cost countries, such as Mexico, Brazil, Tunisia and South Africa. Reuters (17/04), La Tribune, Les Echos