Tags: Boeing | job cuts | aircraft | Georgia

Boeing Cuts 120 Jobs While Closing Georgia Aircraft Factory

Boeing Cuts 120 Jobs While Closing Georgia Aircraft Factory

 (Dreamstime)

Wednesday, 19 October 2016 10:26 AM

Boeing Co. plans to close a 35-year-old factory in Macon, Georgia, while cutting about 120 jobs.

The aircraft maker blamed a softening market for big cargo planes, like the 747, for the cutbacks. The plant closure reverses a former plan to bring 200 jobs to Macon over the next three years, according to the Telegraph.

“Just a year ago last month, officials from Boeing and Macon-Bibb County government celebrated the announcement that Boeing would invest nearly $82 million to convert its existing military facility in Macon to a commercial airplane manufacturing plant,” the newspaper reported.

Boeing's stock has fallen about 6 percent this year, failing to re-take the 2015 peak.

The Macon-Bibb Industrial Authority is working to help people find new jobs if they’re unable to transfer to other Boeing plants.

“It was very disappointing to the Industrial Authority and its leadership, but we also understand that the overall economic situation impact right here at home and this is a classic example,” Macon-Bibb Industrial Authority Chairman Clifford Whitby told news station WMAZ. “There are some workers who will not wish to leave the community. So we have programs with the state and the Labor Department that’s designed to help transition workers in this case.”

The Boeing site started as a McDonnell Douglas factory in 1988 that worked on commercial and military aircraft programs such as the MD-80 and the C-17, the Telegraph reported.

 

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Boeing Co. plans to close a 35-year-old factory in Macon, Georgia, while cutting about 120 jobs.The aircraft maker blamed a softening market for big cargo planes, like the 747, for the cutbacks.
Boeing, job cuts, aircraft, Georgia
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2016-26-19
Wednesday, 19 October 2016 10:26 AM
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