Boeing has announced an investment of $1 billion to enhance its production capabilities in South Carolina, specifically at its 787 Dreamliner manufacturing facility in North Charleston. This move aims to increase the production rate of the 787 Dreamliner to 10 aircraft per month by 2026, with the expansion expected to be operational by early 2027.
Job creation and economic impact
As part of this investment, Boeing plans to create approximately 500 new jobs over the next five years. This expansion reflects Boeing’s commitment to its workforce and the local community, as well as its confidence in the 787 program amidst ongoing financial challenges faced by the company. Currently, Boeing employs over 7,800 people across its facilities in North Charleston and Orangeburg, South Carolina.
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A key production hub since 2009
Boeing South Carolina has been a pivotal site for the company since it began operations there in 2009. The facility has been responsible for the full production cycle of the 787 Dreamliner, which includes fabrication, assembly, and delivery of various models of the aircraft. The recent announcement comes at a time when Boeing is navigating financial difficulties, having reported a loss of over $8 billion in the first nine months of the year. Despite these challenges, the company is moving forward with its expansion plans, indicating a long-term vision for growth in South Carolina.
Local leaders have expressed strong support for Boeing’s expansion. Scott Stocker, Boeing’s South Carolina site leader, underscored the importance of this investment for the workforce and the community, stating that it marks a significant milestone in the company’s history in the state.
From his part, South Carolina Governor Henry McMaster highlighted the investment as a testament to the state’s pro-business environment and its role as a leader in the aerospace industry.
