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Boeing to Spend $1 Billion on 787 Dreamliner Manufacturing Expansion
BABoeing(BA) Investopedia·2024-12-13 14:16

Key TakeawaysBoeing said it would invest 1billioninexpandingitsoperationsinSouthCarolina,whereitproducesthe787Dreamliner.Thecompanyislookingtoincreaseproductionoftheplaneto10permonthby2026,withexpansionstotheSouthCarolinafacilitiesonlinebyearly2027.Boeinghasfacedanumberofproductionissuesthisyear,includinganearlytwo−monthstrikeatitsWashingtonfacilities.Boeing(BA)isinvesting1 billion in expanding its operations in South Carolina, where it produces the 787 Dreamliner.The company is looking to increase production of the plane to 10 per month by 2026, with expansions to the South Carolina facilities online by early 2027.Boeing has faced a number of production issues this year, including a nearly two-month strike at its Washington facilities. Boeing (BA) is investing 1 billion in expanding its facilities in South Carolina to ramp up produ ...