6/20/2007

Good News For Long Beach Enterprise Zone

From the Los Angeles Times:
Southern California's last major airplane factory got a reprieve Tuesday as Boeing Co. announced it would keep open its Long Beach production line for the C-17 Air Force transport for at least six more months.

With no new orders, the sprawling plant next to Long Beach Airport had been scheduled for closure by mid-2009 with the rollout of the last C-17. It would have dealt a major economic blow to the region.

But Boeing told its Long Beach workers Tuesday morning that the company would invest its own money to keep the line going until at least 2010, with the hope of securing more orders from the Air Force and foreign nations.