Boeing in talks to make its new jet near Seattle
Final assembly of 777X likely to be at firm's Everett plant
[WASHINGTON] Boeing is in advanced talks with its machinists' union to assemble the company's new 777X jet and build its wings in the Seattle area, several people familiar with the negotiations told Reuters.
Where the jet should be built is one of the most keenly awaited decisions in global aerospace.
Workers at Boeing's commercial base in Washington state are competing with non-unionised workers in southern states where wages are lower. Washington state officials are also working on incentives to keep the work local.
Union officials with the International Association …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
Boeing reports first revenue drop in 7 quarters as deliveries decline
Volkswagen to keep China market share stable as price war rages
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan
Volvo Cars see good demand this year after higher Q1 unit sales