Wednesday, March 23, 2011

Boeing Begins Construction on Oklahoma City Building

The Boeing Company announced this week that construction had begun on a new 320,000 square foot building in Oklahoma City according to a BusinessWeek article. The building, designed by the Gardner Tanenbaum Group, is expected to be completed in the second quarter of 2012 and will accommodate the move of selected Boeing groups from Long Beach, CA to Oklahoma City.

"By moving B-1 and C-130 AMP to Oklahoma City, we are able to lower our operating costs and extend an increased value to our customer," said Mark Bass, Boeing vice president and general manager of Maintenance, Modifications & Upgrades at Boeing. "Boeing appreciates the positive business environment created by the state of Oklahoma and its county and city governments. This environment contributes to our affordability, and the well-trained aerospace work force already in place will be key to our success."

Boeing currently employs 945 employees in Oklahoma, 745 of whom are located in Oklahoma City. Boeing will have nearly 1,500 employees in the state when the B-1 and C-130 transition is complete.

For more news and information visit Blumberg Capital Partners.

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