Boeing joint venture expands China plant
Boeing broke ground on an expansion that will double the size of a joint venture factory that produces composite plastic aircraft parts in Tianjin, China.
By Seattle Times staff
Boeing broke ground last week on an expansion that will double the size of a joint venture factory that produces composite plastic aircraft parts in Tianjin, China.
Boeing is investing $21 million in the expansion of Boeing Tianjin Composites, a joint venture with Aviation Industries of China (AVIC) that manufactures composite panels for airplanes.
Carolyn Corvi, vice president of airplane programs at Boeing Commercial Airplanes, said the investment is a "major step toward expanding our footprint in China" and will enable "our Chinese partners to enhance and leverage their commercial capacity and capabilities."
Boeing acquired a majority stake in the joint venture in July and has bought rights to the land adjacent to the facility, located in the New Binhai area of Tianjin.
Copyright © 2008 The Seattle Times Company
UPDATE - 09:46 AM
Exxon Mobil wins ruling in Alaska oil spill case
UPDATE - 09:32 AM
Bank stocks push indexes higher; oil prices dip
UPDATE - 08:04 AM
Ford CEO Mulally gets $56.5M in stock award
UPDATE - 07:54 AM
Underwater mortgages rise as home prices fall
NEW - 09:43 AM
Warner Bros. to offer movie rentals on Facebook
Furniture & home furnishings
2 Matching Occasional Chairs - $150 obo 425...
AKC Yorkie Puppy for Sale
Antique Cedar Chest - Beautiful! $400 obo 4...
POST A FREE LISTING