This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Boeing To Locate New 777X Composite Wing Center In Everett, Wash.

Assembly of the composite wings will also take place at the company's Everett site, with the exact location to be determined in the months ahead.

"Today we gain certainty that Washington will remain the global leader in aerospace for decades to come," said Washington Governor Jay Inslee. "Thanks to this tremendous investment by Boeing, we know that thousands of talented Washington workers will soon be fabricating the most technologically advanced carbon fiber structure ever developed and the world's next great commercial airplane, the 777X. The work at this plant also launches Washington into the forefront of advanced composites manufacturing – an industry with exciting growth potential beyond aerospace."

"Today's announcement signals the beginning of a new era of aerospace for Everett and Washington state," said Everett Mayor Ray Stephanson. "The 777X and composite wing technology represent a wealth of opportunity – not just for Boeing and its workers – but also for our entire community. With our history and experienced workforce, Everett has earned its place at the forefront of this next phase of commercial aviation."

"Thank you to everyone who participated in this process, especially our IAM teammates and elected officials. Together we will carry forward our tradition of aerospace excellence in Washington," added Conner.

The 777X builds on today's passenger-preferred, market-leading 777 and offers more market coverage and revenue capability than the competition. First delivery is targeted for 2020.

Contact: Doug AlderBoeing Commercial AirplanesMedia Relations+1 206-544-1814 doug.alder-jr@boeing.com

Photos and captions are available here: http://boeing.mediaroom.com

SOURCE Boeing

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,776.91 +93.33 0.53%
S&P 500 2,081.34 +12.58 0.61%
NASDAQ 4,997.4590 +5.5190 0.11%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs