Boeing (NYSE:BA) plans to extend output of its best-selling 737 Max airliner by opening a fourth manufacturing line within the second half of 2024.
“Including manufacturing capability will permit us to higher meet the wants of our prospects,” a Boeing spokesperson mentioned by electronic mail. “The brand new line will enhance 737 Max manufacturing capability by 25%.”
The fourth 737 manufacturing line can be situated at Boeing’s (BA) manufacturing unit in Everett, Washington. The ability is close to the third 737 Max line in Renton, Washington.
“Given the proximity to our 737 manufacturing unit in Renton, Everett is a superb match with the provision of extremely expert employees and manufacturing unit area,” the spokesperson mentioned.