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Boeing Surprise - Will Move Exec
HQ From Seattle After 85 Years
www.msnbc.com/news/547675.asp
3-24-1
SEATTLE - Aerospace giant Boeing Co. plans to move its world headquarters from Seattle, its home since it was founded 85 years ago, in a bid to streamline its operations. Boeing, founded in Seattle in 1916 by William Boeing, is considering sites in Chicago, Denver and Dallas-Fort Worth for a new corporate center, chairman and chief executive officer Phil Condit said Wednesday at a news conference in Washington, D.C.
 
In a major blow to Seattle's status, Boeing said it needs a central location nearer its customers and financing.
 
In a related move, Boeing also said it is promoting the leaders of its three operating units to chief executive officers. "Simply put, we intend to run Boeing as a business that has the flexibility to move capital and talent to the opportunities that maximize shareholder value," Condit said.
 
The company's massive commercial jet manufacturing plants will remain in the Seattle area, as will much of its research and development work, he added.
 
Condit said the decision to move its headquarters, where 1,000 people are currently employed, was made before the recent West Coast energy crunch that has led to rolling power blackouts in California - and before the Feb. 28 earthquake that rattled the Northwest.
 
The headquarters move was prompted by the need "to be in a location central to our operating units, customers and the financial community - but separate from our existing operations," Condit said.
 
Alan Mulally at Commercial Airplanes in Seattle, Jerry Daniels at Military Aircraft and Missile Systems in St. Louis, and Jim Albaugh at Space and Communications at Seal Beach, Calif., are all being promoted, Condit said. The organizational changes are effective immediately, Condit said.
 
Boeing hopes to chose the new corporate site by early summer and have operations functioning there by fall. It expects the new center will have fewer than half the 1,000 employees now working in Seattle, the company said.
 
Boeing employs 78,400 people in the Seattle area and is the state's largest private employer. Worldwide, it has 198,900 workers, with major operations in St. Louis and Southern California.
 
Union 'Disappointed' ... Mayor 'Totally Blindsided' And Disappointed
 
The president of the Boeing engineers' union said he was disappointed by Boeing's decision to move its headquarters out of Seattle.
 
Craig Buckham said Boeing was putting shareholders ahead of customers and employees. He added that the move was a disappointment for the people of Seattle, noting that Boeing announced the move out of Seattle even before it has selected a new location.
 
Separately, Seattle Mayor Paul Schell said he was "totally blindsided" by Boeing's announcement. "I'm going to do everything I can to convince them to change their mind," he told KING-TV.
 
Roberta Pauer, regional economist for the state Department of Employment Security, said that if Commercial Airplane's extensive manufacturing, engineering, design and administrative operations here are untouched, "then I think it is a reasonably minor event for Puget Sound from an economic standpoint."
 
"The job loss isn't the issue," Pauer said. "The job loss is negligible. ... But the prestige factor is going to be what smarts."
 
Although Seattle long has been considered Boeing's company town, the area has diversified in the late 20th century with the addition of Microsoft and other high-tech companies, and the expansion of the University of Washington and the research and biotech companies it has spawned.
 
Boeing was founded in 1916 by timber scion William Boeing, who initially built wooden seaplanes. The company defined Seattle and its culture for much of the 20th century: Its plants built the bombers that helped win World War II; its designers invented the jetliners that revolutionized global travel; its international prestige gave the city its claim as a hub of the Pacific economy.
 
But mergers in the 1990s, including longtime rival McDonnell Douglas and the space divisions of North American Rockwell, spread its operations nationwide.
 
 
Comment
 
From Moira and Harriett 3-24-1
 
Dear Jeff - My mom and I have been very interested when anything major happens and how it might play into the whole NWO conspiracy/phenomena.
 
We were disturbed that, out of the blue, Boeing decided to pick its 500 top execs and move the corporate headquarters out of the Seattle area where they have been for the last 85 years. Boeing has always had great support from the local community, the company is thriving, general circumstances seem completely normal and there is no real indication of a need to move the current location for their execs (especially with technology making the world 'smaller' to everyone, etc.) while leaving the little paeons behind to work the factory - replaceable paeons?
 
It hangs in our memory that Boeing has been doing work with the Communist Chinese; and as Joel Skousen and Chris Ruddy have said many times on your program and elsewhere, the communists are still planning on bombing the US. (Note - the Bush administration is essentially naming China as the new US 'enemy number one')
 
Consider that Seattle is home to Bremerton Naval Base for nuclear submarince and also Fort Lewis, etc. - one wonders if Boeing is not privy to some inside information and is planning on getting the "important folks" out of the geographical area before their red friends in the NWO scheme decide to bomb Seattle.
 
Call us paranoid but it does make you wonder why NOW, all of a sudden, Boeing should pull up roots - unless they know of the coming "order out of the chaos" of the nuking of America - with Seattle a target - but not Chicago, Denver or Fort Worth NOT - especially Denver, where rumour has it that Russian Speznaz troops have been doing some of the security since the New World (with accompanying masonic murals) airport opened a few years back. Just a thought. Thanks for your show.
 
Moira and Harriett in Oregon
 
Here are more recent Boeing-China stories to consider:
 
China WTO Pact Good News for Pro-Free Trade - Boeing http://www.corpwatch.org/trac/corner/worldnews/other/486.html
 
Boeing Hails US Congressional Approval of PNTR With China http://english.peopledaily.com.cn/200009/20/eng20000920_50913.html
 
Destination China for Boeing exec http://seattletimes.nwsource.com/news/business/html98/altbrac_031998.html
 
http://www.boeing.com/companyoffices/aboutus/BoeChina97.html
 
http://foxnews.com/elections/051700/bush_China.sml
 
http://www.boeing.com/news/releases/1998/news_release_980505b.html


 
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