Boeing Makes It Official: 787 Production Moves to South Carolina in 2021

Lou Whiteman, The Motley Fool
·2-min read
Boeing Makes It Official: 787 Production Moves to South Carolina in 2021
Boeing Makes It Official: 787 Production Moves to South Carolina in 2021

Boeing (NYSE: BA) said Thursday it will consolidate production of its 787 Dreamliner at its North Charleston, South Carolina facility in 2021, part of a broader effort to cut costs that is sure to ruffle feathers in and around its Seattle commercial aviation base. Boeing in July said it would cut monthly 787 production in response to falling demand, and with fewer planes being built, Boeing no longer needs its Everett, Washington line. "As our customers manage through the unprecedented global pandemic, to ensure the long-term success of the 787 program, we are consolidating 787 production in South Carolina," Stan Deal, CEO of Boeing Commercial Airplanes, said in a statement.