$212M Boeing Paint Facility Under Construction for 2016 Delivery

Part of Boeing’s 2013 second $1.1B capital expenditure announcement for CHS, their new $212M paint facility under construction will add a streamlining process to build and deliver the 787 Dreamliner to customers soup to nuts in N CHS.  It will be 10 stories tall and will be able to handle two 787-10s at the same time.  Right now, they are built here but fly to Texas to be painted, then returned here to be delivered to customers and final checks.  Its all part of a 470-acre expansion Boeing undertook in about 2013. David Wren has the complete story for The Post and Courier.

Toward the end of the article, a chief analyst with Strategic Aero Reseach says Boeing may well try and shift ALL of its 787-related production to N CHS…to further de-risk the program; that may be code for minimizing union strikes and thus delivery interruptions of the long-delayed 787 program, reportedly some 5 years behind in deliveries, but still the most successful selling commercial jet in history.

About charlestonCREblog

30 years' in the commercial real estate biz - investment sales, consulting, banker, appraiser, brokerage. Trained in Atlanta and moved to the Lowcountry in 2008 and now sharing offices in Charleston and Jacksonville, FL. Exclusive listings, buyer representation, and consulting/analysis to help clients make the best commercial real estate decisions.

Posted on May 25, 2015, in Boeing News, CHS, CHS Jobs/Economy, SC Jobs/Economy, The Post and Courier and tagged , , . Bookmark the permalink. Leave a comment.

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