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

Stocks in this article: BA

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 This material may not be published, broadcast, rewritten or redistributed.
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