Key Boeing supplier stops production at Wichita plant after workers vote to strike

Key Boeing supplier stops production at Wichita plant after workers vote to strike


Airplane fuselages bound for Boeing’s 737 Max production facility await shipment on rail sidings at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019.

Nick Oxford | Reuters

Boeing supplier Spirit AeroSystems halted work at a Wichita, Kansas, plant on Thursday after workers voted against a new labor deal and for a strike. Spirit makes fuselages for Boeing’s 737 Max and pylons for Airbus A220s at the plant.

“In light of the decision to strike by Spirit AeroSystems employees represented by the International Association of Machinists and Aerospace Workers today, Spirit will suspend factory production prior to the expiration of the contract,” Spirit said.

The production halt began with the first shift on Thursday, two days before the contract covering roughly 6,000 workers is set to expire. The strike is scheduled to begin just after midnight on Saturday, the union said.

“The IAM’s dedicated and hardworking membership at Spirit AeroSystems has worked without fail during tumultuous times, including a pandemic that saw everything grind to a halt,” the union said in a statement. “Most of our members have concluded that the company’s offer is unacceptable. IAM District 70 and Local 839 will regroup and begin planning the following steps to bring the company back to the table.”

Spirit shares were down nearly 12% in early trading, while Boeing’s were off about 3%.

“We continue to monitor the situation and support our valued supplier,” Boeing said in a statement.



Source

How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated
Business

How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated

A 2025 Ford Expedition with bronze trim on April 30, 2025 at the automaker’s Kentucky Truck Plant. Michael Wayland | CNBC LOUISVILLE, Ky. — A white 2025 Ford Expedition SUV with bronze exterior trim rolls off the assembly line at Ford Motor‘s Kentucky Truck Plant. It was assembled — from its frame to completion — […]

Read More
Wealthy taxpayers get new breaks under House bill — along with a hidden tax hike
Business

Wealthy taxpayers get new breaks under House bill — along with a hidden tax hike

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. High earners would get a series of tax cuts in the latest House reconciliation plans , yet many could also be […]

Read More
Cable companies Charter and Cox agree to merge
Business

Cable companies Charter and Cox agree to merge

Sopa Images | Lightrocket | Getty Images Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have entered into an agreement to merge.  The deal would be one of the largest in the industry – and across corporate America – in the last year.  The agreement values Cox at $34.5 […]

Read More