InvestorsHub Logo
Followers 26
Posts 1237
Boards Moderated 0
Alias Born 06/30/2015

Re: Sage7243 post# 77292

Monday, 04/04/2016 10:09:36 AM

Monday, April 04, 2016 10:09:36 AM

Post# of 109742
If you read the Forbes report it specicically states what the plant is for:

"The new plant will be a joint venture with a Chinese entity to install interiors and paint exteriors on 737 airliners, Boeing’s popular single-aisle jetliner that competes with the Airbus A320."

Not bearings. However, the Chinese offset incentive for cost savings to have Boeing build their planes in Seattle using TPAC's bearings is the bottom line so whether it's built in the USA or China, Boeing will build using TPAC's bearings.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.