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You are here: Home / Business / Boeing CEO says company has $1.2 billion annual impact on Iowa economy

Boeing CEO says company has $1.2 billion annual impact on Iowa economy

November 15, 2018 By Radio Iowa Contributor

Dennis Muilenburg speaks at the airport opening.

The chairman, president and CEO of Boeing was in northwest Iowa Wednesday for the grand opening of the Sioux County Regional Airport. Dennis Muilenburg is a native of Sioux Center.

“We’re the largest builder of commercial airplanes in the world,” Muilenburg said to a crowd of about 800. “This year we’ll build more than 800 large commercial aircraft, which is an all-time record and today around the world about 12,000 Boeing commercial airplanes are in the air serving customers worldwide. Last year, a little more than two billion people flew on Boeing commercial airplanes.”

Muilenburg indicated about 40,000 Iowa jobs are either directly or indirectly connected to Boeing.

“Today, we have 35 companies in our supply chain that are based here in the state of Iowa. We have one that’s very nearby in Orange City here, Aim Aerospace,” Muilenburg said. “They build advanced, lightweight materials for our commercial airplanes.”

Parts from Aim Aerospace are using in Boeing’s 787 Dreamliner. Muilenburg says Boeing’s new, even larger twin-engine jet that’s in development will include parts from the Orange City business. According to Muilenburg, Boeing contributes $1.2 billion to the state’s economy annually. Muilenburg flew in and out of the new Sioux County Regional Airport near Maurice in his business jet.

(By Mark Buss, KSOU, Sioux Center)

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Filed Under: Business, News Tagged With: Transportation

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