January 11, 2013
Boeing to consolidate El Paso facilities
Boeing will consolidate its El Paso facilities and reduce the workforce there by the end of 2014. The move is part of the company’s strategy to increase affordability for government customers and become more competitive in an increasingly global marketplace. The 370 workers at the site manufacture electronics for a variety of Boeing products. Anticipated U.S. defense budget cuts likely will mean less demand for these items. Therefore, Boeing will reduce occupied square footage 50% by moving from three buildings into one, and will reduce employment by up to 160 positions.