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Wichita plant's future uncertain amid Boeing sale (Carlyle Group buyer?)

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-27-04 10:33 PM
Original message
Wichita plant's future uncertain amid Boeing sale (Carlyle Group buyer?)
http://morningsun.net/stories/012704/bus_20040127018.shtml

WICHITA (AP) - Anxiety over the fate of The Boeing Co.'s Wichita plant intensified Monday, along with speculation about potential buyers for Kansas' biggest private employer.

One name has repeatedly topped industry analysts' lists: GKN Aerospace Services, the British company that purchased Boeing's Hazelwood, Mo., facility near St. Louis in 2001.

<snip>

Another possible buyer for the Wichita site is the Carlyle Group, a Washington, D.C.-based investment company with aerospace interests, Aboulafia said.

The Carlyle Group had no immediate comment.

...more at link...

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54anickel Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-27-04 10:53 PM
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1. 2004 will be the year of merger-mania and more job loss. n/t
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punpirate Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-27-04 11:02 PM
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2. Interesting that this comes up...
... at the same time that Boeing is being investigated further in the tanker-leasing deal. Some of the refitting/decommissioning work would have been done at the Wichita plant, I think.

Company doesn't get what it wants? Threaten jobs and leave the rest to Congress.
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pfitz59 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-27-04 11:40 PM
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3. Airbus USA?
Imagine if Airbus bought the place?
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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-04 01:32 AM
Response to Original message
4. Perhaps they will disassemble the plant
And send it to China. It would create some work during the disassembly phase and be lauded as a sign of the incredible * recovery.
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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-04 01:41 AM
Response to Original message
5. One thing is certain: the employees will be working for less
Count on it.

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