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AE Industrial Pays $190 Million for Vacant Manufacturing Plant in Alabama

Company Plans To Bring Aerospace Manufacturing Center to 2 Million-Square-Foot Facility
AE Industrial Partners paid $190 million for a factory in Cherokee, Alabama. (Shoals Economic Development Authority)
AE Industrial Partners paid $190 million for a factory in Cherokee, Alabama. (Shoals Economic Development Authority)
CoStar News
January 31, 2024 | 7:16 P.M.

AE Industrial Partners, a private equity firm specializing in aerospace industrial services, has acquired a vacant manufacturing plant with plans to renovate it to serve as an aerospace center in the Shoals area of northwest Alabama.

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