Friday, May 13, 2011

Boeing (NYSE:BA) Gets China Boost

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tdp2664 E money daily Boeing (NYSE:BA)’s new Northern China factory has received LEED green certification. Boeing (NYSE:BA) Gets China Boost It has been reported that Boeing (NYSE:BA)'s recently expanded factory in Tianjin has received recognition for meeting environmentally-friendly standards. Boeing (NYSE:BA)’s Tianjin factory has been recognized by the USGBC (U.S. Green Building Council) and achieved a LEED (Leadership in Energy and Environmental Design) certification for its environmentally conscious construction. Gary A. Baker, general manager of Boeing (NYSE:BA) Tianjin Composites Co. Ltd, said that, "New facility improves environmental performance in various ways, including energy and water efficiency and greenhouse gas emission reductions. As we grow, the growth of the Tianjin area–the infrastructure they support, the young, energetic workforce, the level of education–also provides great opportunities. Currently, we are producing 5,000 parts per month. That will be doubled by 2013". Boeing (NYSE:BA) invested 21 million U.S. dollars into the new factory which produces components for all of Boeing (NYSE:BA)'s in-production programs, including 737, 747-8, 767, 777, 787 and Brazil-based Embraer CF34-10. Boeing Co. (NYSE:BA) shares are currently standing at 79.41. Price History Last Price: 79.41 52 Week Low / High: 59.48 / 80.65 50 Day Moving Average: 73.91 6 Month Price Change %: 17.9% 12 Month Price Change %: 10.7%



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