Trumps speech on 07-29 spent good deal of time trashing Boeing's China Deal

[BlueStateLib]

Last edited Fri Jul 29, 2016, 08:55 PM - Edit history (1)

For the first time ever, Boeing will open an airplane completion and delivery center in China. Final assembly of the aircraft will still happen in the United States, but then the mostly complete 737s will be delivered to China for installation of their interiors and painting in the liveries of their ultimate owners.

Says Boeing, the "China-based facility will not reduce 737 Program employment in Washington State." To the contrary, by increasing capacity for "completion" work overseas, Boeing says it will be able to increase actual production of 737s back here at home.

At current production rates (42 single-aisles built per month), it would take Boeing more than 100 months to build and deliver all 4,269 of the 737s in its backlog. That's probably why, when announcing its new Chinese venture, Boeing took pains to repeat its already-published plans to accelerate 737 production to 47 airplanes per month in 2017, and 52 planes per month in 2018. (The company has also talked about a secret plan to boost production a further 15% after that -- to 60 planes per month.)
http://www.fool.com/investing/general/2015/09/27/did-boeing-just-sell-out-to-china.aspx

[Bernardo de La Paz]

1. What's Trump connection? Your excerpt is silent & you can't be bothered to make a case to read link.

[BlueStateLib]

2. Its in response to Trumps speech today 07-29-2016, he spent good deal of time trashing Boeing's

$38 billon china deal. Trump says the deal will cost lots of USA jobs is untrue. Lots of jobs in USA would be lost without the Boeing China deal.

I should of been more clear