Boeing Looking For Buyer Of Oklahoma and Kansas Operations
April 12, 2004
(Associated Press)--Boeing Co. is looking for a buyer of its commercial aircraft and support operations in Wichita, Kansas, and Oklahoma, according to an internal memo obtained by The Associated Press. The company acknowledged in January it was considering the possibility of selling its Wichita operations in internal strategic planning documents. The memo said the process could take months. Analysts said one potential buyer is British conglomerate GKN Aerospace Services, which has acknowledged it is seeking to buy more plants in U.S. military and commercial aircraft manufacturing. GKN purchased Boeing's Hazelwood, Miss., facility near St. Louis in 2001. Another prospective buyer is Vought Aircraft Industries, a Dallas-based manufacturer of large aircraft structures and key Boeing supplier. Boeing's defense division, which also has several projects at Wichita, and its 3,400 workers there would not be part of the sale.