ID :
186970
Tue, 06/07/2011 - 13:49
Auther :
Shortlink :
https://www.oananews.org//node/186970
The shortlink copeid
India's USD 4 bn order to support jobs at Boeing's CA plant
From Yoshita Singh
Boston, Jun 7 (PTI) India's USD 4.1 billion shopping
spree of 10 Boeing C-17 military cargo aircraft will support
jobs at the aircraft major's beleaguered California plant,
which has received a boost with the new order, a Boeing
official said.
The deal should keep things humming at the sprawling
plant in Long Beach, California through 2014, Boeing spokesman
Jerry Drelling said in a Los Angeles Times report.
Drelling said the order "helps us keep the line alive
and supports jobs".
Boeing is the largest employer in Long Beach near Los
Angeles. The plane has an estimated USD 5.8 billion annual
economic impact and the jobs of about 25,000 workers in 44
states depend on it, Drelling said.
India Monday gave its go ahead to purchase 10 C-17
heavy-lift military aircraft in a deal worth USD 4.1 billion.
The deal with Boeing is the biggest defence deal
between India and the US.
"We are still waiting on the signatures, but the deal
is 99.9 per cent done," the LA Times report quoted Stan
Klemchuk, president of the United Aerospace Workers Local 148,
which represents 1,600 workers at the Boeing factory.
"Folks are buzzing in Long Beach. It gives us one more
year of work and could not come at a better time".
In January, Boeing had said it would cut 900 of the
3,700 jobs at the plant.
Last year, due to slowing orders from the Pentagon,
Boeing had said it would cut production rates by one-third to
10 aircraft a year from 15. The production line had been slated for closure at the
end of next year.
"This deal keeps the line open for more sales to come
to fruition," Klemchuk said.
"It gets us through a crucial time".
The Long Beach Boeing plant is the last major
conventional aircraft factory in Southern California.
Boeing said that in California, about 14,000 jobs,
including many at small mom-and-pop machine shops depend on
the programme.
"The India deal could open a brand new business market
and signify a budding trade relationship between the two
countries," the report said.
Boston, Jun 7 (PTI) India's USD 4.1 billion shopping
spree of 10 Boeing C-17 military cargo aircraft will support
jobs at the aircraft major's beleaguered California plant,
which has received a boost with the new order, a Boeing
official said.
The deal should keep things humming at the sprawling
plant in Long Beach, California through 2014, Boeing spokesman
Jerry Drelling said in a Los Angeles Times report.
Drelling said the order "helps us keep the line alive
and supports jobs".
Boeing is the largest employer in Long Beach near Los
Angeles. The plane has an estimated USD 5.8 billion annual
economic impact and the jobs of about 25,000 workers in 44
states depend on it, Drelling said.
India Monday gave its go ahead to purchase 10 C-17
heavy-lift military aircraft in a deal worth USD 4.1 billion.
The deal with Boeing is the biggest defence deal
between India and the US.
"We are still waiting on the signatures, but the deal
is 99.9 per cent done," the LA Times report quoted Stan
Klemchuk, president of the United Aerospace Workers Local 148,
which represents 1,600 workers at the Boeing factory.
"Folks are buzzing in Long Beach. It gives us one more
year of work and could not come at a better time".
In January, Boeing had said it would cut 900 of the
3,700 jobs at the plant.
Last year, due to slowing orders from the Pentagon,
Boeing had said it would cut production rates by one-third to
10 aircraft a year from 15. The production line had been slated for closure at the
end of next year.
"This deal keeps the line open for more sales to come
to fruition," Klemchuk said.
"It gets us through a crucial time".
The Long Beach Boeing plant is the last major
conventional aircraft factory in Southern California.
Boeing said that in California, about 14,000 jobs,
including many at small mom-and-pop machine shops depend on
the programme.
"The India deal could open a brand new business market
and signify a budding trade relationship between the two
countries," the report said.
