Boeing Acquires New Building In Salt Lake County, Utah - Quick Facts - InvestingChannel

Boeing Acquires New Building In Salt Lake County, Utah – Quick Facts

Boeing Co. (BA: Quote) announced the purchase of a new building in Salt Lake County, Utah. The company stated that Employees at the new site, located in West Jordan, will focus on fabrication of composite horizontal stabilizer components for the 787-9.

The new site, located 20 miles from Boeing’s fabrication and assembly site in Salt Lake City, was purchased from Masco (MAS). Terms of the sale were not disclosed. The close proximity of the two facilities will help improve the efficiency from component fabrication to assembly of the 787-9 horizontal stabilizer.

The composite component fabrication facility is expected to create approximately 100 new jobs.

The company said it expects to refurbish the 850,000 square foot building to complement the company’s current operations in Salt Lake County. Sitts & Hill will design the space inside the building’s factory area. Design and construction are expected to take two years.

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by RTT Staff Writer

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