Boeing to Close Long Beach Enterprise Zone Plant

From CNN:

"Without further aircraft orders, significant workforce reductions will begin in early 2008 as the production line heads toward complete shutdown in mid-2009," said the company's statement. It said it has 7,000 employees directly involved in building the aircraft and that its supplier base has more than 25,000 people working on making parts for the plane.

And the Los Angeles Business Journal notes:

The announcement by Boeing comes despite efforts by the state’s Congressional delegation to keep the plant open. The Long Beach facility, one of the state’s largest manufacturing plants, employs about 5,700 people and contributes $3.7 billion to the California economy.