Boeing South Carolina Breaks Ground on 787 Site Expansion

Core Points - Boeing has commenced the groundbreaking of its South Carolina site expansion, which will increase the production rate of the 787 Dreamliner to 10 airplanes per month by 2026, driven by strong market demand [1][6] - The company is investing over $1 billion in this infrastructure program, which is expected to create more than 1,000 new jobs over the next five years [2][6] - The expansion will include a new final assembly building, parts preparation area, vertical fin paint facility, and enhancements to the Interiors Responsibility Center [7] Company and Industry Overview - Boeing's 787 Dreamliner family has received over 2,250 orders from 90 customers globally, making it the best-selling widebody passenger airplane of all time, with a backlog of nearly 1,000 airplanes [3][4] - The commercial aviation industry is projected to require more than 7,800 new widebody airplanes over the next two decades, according to Boeing's Commercial Market Outlook [3] - The expansion in South Carolina is seen as a significant investment in American manufacturing and is expected to strengthen the state's position as a leader in aerospace and advanced manufacturing [5][8]