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Boeing is spending $1 billion to expand a plant that builds the 787 as it seeks to boost production
BABoeing(BA) Business Insider·2024-12-13 10:51

Boeing has committed 1billiontoexpandits787DreamlinermanufacturingplantinSouthCarolina.Theinvestmentaimstoupgradeinfrastructureandcreate500jobsoverfiveyears.Boeingislookingtorampproductionupafteratoughyearinwhichitfacedmajorlosses.BoeingsaidonThursdayitwillcommit1 billion to expand its 787 Dreamliner manufacturing plant in South Carolina.The investment aims to upgrade infrastructure and create 500 jobs over five years.Boeing is looking to ramp production up after a tough year in which it faced major losses. Boeing said on Thursday it will commit 1 billion to its 787 Dreamliner manufacturing plant in South Carolina as it seeks to ramp up production after a difficult 2024.Advertisement The Virginia-based firm has planned for the investment to ...