Boeing (NYSE:BA) has reportedly announced the construction of a second facility in Oklahoma City.
Boeing (NYSE:BA) Announces New Facility
Boeing (NYSE:BA) has made an announcement regarding construction work of a second facility in Oklahoma City which the company expects to open in the second quarter of 2012.
The Gardner Tanenbaum Group, a commercial real estate company headquartered in Oklahoma City is expected to design and built the new 320,000-square-foot building.
The company has announced in 2010 that it will move the B-1 program and C- C-130 Avionics Modernization Program (AMP) to Oklahoma City from Long Beach, Calif.
According to Mark Bass, a Boeing manager, “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 customers.”
Boeing Co. (NYSE:BA) company shares are currently standing at 69.1.