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MENAFN - - 11/14/2012 9:22:24 PM

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Boeing to consolidate locations in Huntsville, Alabama

Nov 14, 2012 (Menafn - AIRLINE INDUSTRY INFORMATION via COMTEX) --US airframer Boeing BA said it is moving to a new office complex near the U.S. Army's Redstone Arsenal and NASA's Marshall Space Flight Center in Huntsville, Alabama, USA as the company consolidates several of its locations in the area.

The company said that the move to Redstone Gateway reflects Boeing's commitment to managing costs and increasing competitiveness for growth.

According to Boeing, the recently signed development agreement will result in 363,000 square feet of office space in a Boeing-named, three-building complex.

Boeing is scheduled to occupy the first building in spring 2013; construction of the second and third buildings is expected to begin by the end of 2012 and be completed by spring 2014. Boeing will retain its facilities at the company's owned Jetplex location.

The company lays claim to being the largest aerospace company in Alabama and one of the state's largest employers. Huntsville has historically been a major research and manufacturing centre for the US space programme.

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