Wednesday, April 2, 2014

Aero manufacturing takes off

The South is already home to auto giants, and now it's increasingly attracting some of the biggest names in aviation, including Boeing in South Carolina, Airbus in Alabama, Gulfstream Aerospace Corp. in Georgia and GE Aviation in North Carolina. Aerospace companies are moving manufacturing operations to Southern states, in part due to lower costs, generous state incentive packages and right-to-work laws that make it hard for unions to organize. The aerospace sector is growing. Sales grew 41 percent from 2002 to 2012, driven largely by military and international sales. And that growth won't ebb anytime soon. (Source: Stateline, 04/02/14)