CHICAGO—Boeing will open a plant in China in partnership with state-owned Commercial Aircraft Corp. of China. The new factory will focus on painting and assembling twin-engine 737 aircraft manufactured in the US. Chinese firms also agreed to buy 300 Boeing jets, in deals worth about $38 billion.
FAIRFIELD, CT—General Electric Co. will move production of large, gas-powered engines to Canada from Wisconsin, along with 350 jobs, to access export financing no longer available in the United States. In its latest salvo aimed at persuading Congress to renew the U.S. Export-Import Bank’s charter, which expired in June, GE will invest $265 million in a new state-of-the-art manufacturing plant at a Canadian location yet to be determined.
NEW ALBANY, AL—Citing issues such as wage caps and growing use of temporary workers, workers at Commercial Vehicle Group Inc.’s assembly plant here voted to join UAW. The facility makes seating for commercial vehicles.
MOBILE, AL—Airbus officially inaugurated its first U.S. assembly plant here Monday. The $600-million factory will produce 40 to 50 jetliners in the A320 family per year, while sustaining the equivalent of some 3,700 full-time jobs in the region.