Officials: Ala. Airbus plant will employ 1,000 Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 04:13 a.m., Monday, July 2, 2012 (AP) — Airbus's planned aircraft assembly plant in Alabama will cost $600 million to build and will employ 1,000 people when it reaches full production, officials said ahead of a formal announcement Monday. The dean of the business school at the University of South Alabama, Carl Moore, said attracting a company like Airbus could have a transforming effect on Alabama like Mercedes-Benz had when it picked Alabama for its first American assembly plant in 1993. Mercedes' plant was so successful that it was soon followed by Honda and Hyundai assembly plants and a Toyota engine plant that reshaped the manufacturing economy in a state still reeling from the loss of textile and apparel jobs. EADS planned to build a $600 million, 1,400-employee assembly line at Brookley for Air Force refueling tankers if it won a federal contract, but the company lost the five-year competition to Boeing in 2011. "While it is interesting once again to see Airbus promising to move jobs from Europe to the United States, no matter how many are created, the numbers pale in comparison to the thousands of U.S.
Officials: Ala. Airbus Plant Will Employ 1,000
Business Heds Index, Seattle Post-Intelligencer: Business
Mon, 07/02/2012 - 5:01am
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