Boeing sells Arnprior

Boeing has announced the sale of its operations in Arnprior, Canada, to Arnprior Aerospace, a wholly owned subsidiary of Consolidated Industries. Boeing did not disclose terms of the sale.

The transaction will include a long-term, single-source supply agreement for all parts and assemblies currently produced for Boeing at the Arnprior facility. Arnprior Aerospace plans to extend job offers to all of the approximately 370 employees working at the plant. The transaction is expected to close sometime during the third quarter of 2005.

Ross R. Bogue, vice president and general manager of the Fabrication organization for Boeing Commercial Airplanes, said the decision to sell the Arnprior operations fits with Boeing's strategy to focus Commercial Airplanes operations on large-scale systems integration activities. In the past several years, the Commercial Airplanes business unit has completed divestitures of Boeing Fabrication facilities in Spokane, Washington, and Corinth and Irving , Texas. In addition, Boeing completed the sale of its Commercial Airplanes operations at its Wichita/Tulsa Division in June.