by William White | November 26, 2013 1:33 pm
Boeing (BA) is currently taking bids for a new site to build its 777X airplane.
The company sent out request for proposals on Friday and is expecting to have them back within a few weeks so that it can make a decision by early next year. Boeing hasn’t said what locations it has sent the proposals to, but it said that each location met the company’s requirements and had asked to compete for the site. Wherever Boeing decides to set up the site, it is likely that it will bring thousands of long-term jobs to the area, reports Yahoo.
Boeing is still working to finish plans for the plane, which is expected to carry up to 400 passengers, and has already received 225 orders for the plane from three different airlines. The company is expecting to ship the first order of 777Xs by the end of the decade. The new 777X will be more fuel efficient than the current 777 airplanes, Yahoo notes.
According to the Seattle Times, Boeing is looking at 15 locations across the United States to build its 777X. The locations include areas that already have Boeing facilities to new sites.
Source URL: http://investorplace.com/2013/11/boeing-taking-bids-new-777x-site/
Short URL: http://invstplc.com/1fu8Tcp
Copyright ©2017 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.