Manufacturing Industry
BOEING TO CUT RATES AGAIN AS ORDERS SLOW.
Advanced Materials & Composites News, November, 2001
Boeing plans to slow monthly production rates for all six of its current models roughly in half as it trims annual output from a projected 522 jets this year to 350 to 400 in 2002 and lower in 2003, said Alan Mulally, president of the Boeing Commercial Airplanes unit. The outcome may be the consolidation of two assembly plants, Renton and Everett, to one.
About mid-2002, Boeing will cut rate to about 14 737s a month in Renton, down from a rate of 28 planned before the Sept. 11 hijack attacks sent air travel demand tumbling. The Renton plant also produces about 3.5 757s a month, which would also be cut in half, according to Mulally. In the Everett, Washington plant, where Boeing builds only a dozen wide-body 777s, 747s and 767s each month, the pending rate...
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