Tuesday, May 17, 2011

Boeing (NYSE:BA) Expanding Jet Assembly

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Boeing (NYSE:BA) has plans to add 1,200 jobs in their Renton plant over the next two years. Boeing (NYSE:BA) Expanding Jet Assembly Boeing (NYSE:BA) is planning to hire 1,200 at its Renton plant. Boeing (NYSE:BA) plans to assemble jets in Renton, increasing production of the 737 by at least 21 percent. The plant’s work force will swell by around 1,200 people by 2013 to enable two planned hikes in output. Boeing (NYSE:BA) will build a 75,000-square-foot extension to a current building at the site, and the space will be used to warehouse and process seats, galleys and lavatories for the narrow-body jets. Boeing (NYSE:BA) also refurbishing an old paint hangar to complement the single paint hangar now in use. Boeing (NYSE:BA) spokeswoman Liz Verdier, said that, "some of the additional 1,200 workers will transfer from other Boeing (NYSE:BA) sites. We'll bring them in groups as we need them, so that they can become familiar with how we work. We want to minimize the impact on production of bringing on new people.” Boeing Co. (NYSE:BA) company shares are currently standing at 77.77. Price History Last Price: 77.77 52 Week Low / High: 59.48 / 80.65 50 Day Moving Average: 74.25 6 Month Price Change %: 25.3% 12 Month Price Change %: 10.1%



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