- 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.
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- In a major blow to Seattle's status, Boeing said it needs
a central location nearer its customers and financing.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- Union 'Disappointed' ... Mayor 'Totally Blindsided' And
Disappointed
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- The president of the Boeing engineers' union said he
was disappointed by Boeing's decision to move its headquarters out of Seattle.
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- 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.
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- 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.
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- 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."
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- "The job loss isn't the issue," Pauer said.
"The job loss is negligible. ... But the prestige factor is going
to be what smarts."
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- 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.
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- 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.
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- But mergers in the 1990s, including longtime rival McDonnell
Douglas and the space divisions of North American Rockwell, spread its
operations nationwide.
-
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- Comment
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- From Moira and Harriett 3-24-1
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- 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.
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- 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?
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- 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')
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- 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.
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- 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
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- Here are more recent Boeing-China stories to consider:
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- China WTO Pact Good News for Pro-Free Trade - Boeing
http://www.corpwatch.org/trac/corner/worldnews/other/486.html
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- Boeing Hails US Congressional Approval of PNTR With China
http://english.peopledaily.com.cn/200009/20/eng20000920_50913.html
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- Destination China for Boeing exec http://seattletimes.nwsource.com/news/business/html98/altbrac_031998.html
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- http://www.boeing.com/companyoffices/aboutus/BoeChina97.html
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- http://foxnews.com/elections/051700/bush_China.sml
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- http://www.boeing.com/news/releases/1998/news_release_980505b.html
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