Boeing 737 MAX production halt could impact NH business – The Union Leader

Boeing’s decision to halt production of the 737 MAX airliner could lead to layoffs and other effects here in the Granite State, where suppliers make engine parts and other components for the fleet grounded since March.The world’s largest aerospace company has 93 supplier and vendor locations supporting an estimated 5,500 direct and indirect jobs in…

Boeing 737 MAX production halt could impact NH business – The Union Leader

Boeing’s decision to halt production of the 737 MAX airliner could lead to layoffs and other effects here in the Granite State, where suppliers make engine parts and other components for the fleet grounded since March.The world’s largest aerospace company has 93 supplier and vendor locations supporting an estimated 5,500 direct and indirect jobs in New Hampshire, according to Boeing’s 2017 annual data. That year the company spent $199 million with companies across the state.Suppliers in the state work on a broad array of Boeing products, including the electronics system in F-15 fighter jets used to detect missiles and approaching enemy planes.“Boeing’s suspension of 737 Max production will have a ripple effect across the country because hundreds of suppliers and contractors are connected to the project,” said Jim Roche, president of the New Hampshire Business and Industry Association, in a statement.While Boeing has said it won’t lay off or furlough its workers, but the supply chain could be affected.“For New Hampshire firms doing business with Boeing, directly or as subcontractors to prime contractors, the production stoppage will adversely affect their own operations and profitability,” Roche said. “If the stoppage persists, it’s reasonable to assume employee layoffs could follow.”Several companies, including GE Aviation in Hooksett and Albany International in Rochester, produce components for the LEAP jet engine used on the 737 MAX.Safran Aircraft Engines, a French company that works in partnership with GE and Alb
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