Airbus to double the $12 billion it spends in U.S.

Airbus A350

Airbus Industries, which last year paid $12 billion to U.S. suppliers for the parts and services it needs to build its planes, will double that spending by 2020 as it gears up to build a new plant in Mobile, Alabama.

Southern California is likely to be a big winner from the procurement, with a doubling of the $1 billion the European aircraft maker, part of EADS, spends in the region.

For more: Airbus to double the $12 billion it spends in U.S. | Reuters