Boeing BA will
consolidate its El Paso facilities and reduce the workforce there by the end
of 2014. The move is part of the company's strategy to increase affordability
for government customers and become more competitive in an increasingly global
marketplace.
The 370 workers at the site manufacture electronics for a variety of Boeing
products. Anticipated U.S. defense budget cuts likely will mean less demand
for these items. Therefore, Boeing will reduce occupied square footage 50
percent by moving from three buildings into one, and will reduce employment by
up to 160 positions.
Affected employees will receive assistance with finding employment elsewhere
in Boeing or outside, as well as financial counseling and retirement seminars.
Despite this consolidation, "Texas remains critical to Boeing with more than
6,000 employees working at Boeing locations and subsidiaries throughout the
state," McLuckey said. "We also have valued relationships with suppliers in
Texas. In 2011, Boeing spent $2 billion with our supply base here."
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