Boeing Invests $1 Billion to Boost 787 Production in South Carolina, Adding 500 Jobs

Boeing to Increase 787 Output to 10 Aircraft Per Month with $1B Expansion

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Dec 13, 2024
Summary
  • Despite financial losses, Boeing invests in a $1B expansion to boost 787 output and create 500 local jobs
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Boeing wants to double the 787 Dreamliner manufacturing rate to 10 a month by 2026 and is committing to invest $1 billion to expand North Charleston, South Carolina, its plant where it will assemble the ultra-efficient airplanes. You can expect Boeing's new expansion to head into full operation as early as early 2027. With the addition of another 500 new jobs over the next five years, the company will continue to forge stronger ties to the community economy. Even as Boeing continues to lose money, with a $8 billion loss through the first nine months of 2015, it continues to invest in the long-term growth strategy.

The South Carolina facility, which first opened in 2009, has been key to reviewing, fabricating, assembling, and delivering the Dreamliner. Governor Henry McMaster and other local officials are strong supporters of Boeing's expansion, saying it's a testament to the state's pro-business environment.

The company remains committed and says that it appreciates that their investment is also allowing them to support their workforce and the regional aerospace sector. This move by Boeing, with over 7,800 employees in South Carolina, typography their resiliency in the face of adversity and belief in the future of the 787 program.

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