Today marks the rebirth of an 80-year-old American aircraft manufacturing business with a globally recognized brand.
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Consider aircraft manufacturing, an industry in which a big producer has enormous cost advantages over a small one.
Would it do for the Japanese aircraft manufacturing industry what Detroit had done several decades earlier for Tokyo's then-nascent automobile industry?
And the fact that disputes about a merger in aircraft manufacturing nearly led to sanctions on trade has done a great deal to concentrate minds.
This has also meant the arrival on the world scene of multinational firms from emerging countries in sectors such as automobile manufacturing, consumer goods and high-tech industries like aircraft manufacturing.
Airbus, with over 300 aircraft ordered for delivery in 2003, is likely to produce more than Boeing, which expects to make 275-300 (in aircraft manufacturing, production and delivery figures are usually identical).
The company is planning to add 140 new jobs at Crosspointe and more than 100 additional jobs in Indiana manufacturing components for commercial aircraft engines.
The FS-X agreement does not provide for the transfer of manufacturing technology for engines to power the new aircraft.
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All new aircraft face delays as they become technically more complex and as manufacturing methods change in search of greater efficiency.
Although the drop was concentrated in the volatile orders for commercial aircraft, the report showed little strength in other segments of manufacturing economy.
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Manufacturing, including automobiles, steel, petrochemicals, computers, aircraft and consumer durables, account for 31% of GDP.
In the early 1990s Boeing stunned the manufacturing world when it created the world's first digitally designed aircraft, the 777.
Last month, the head of Qatar Airways criticised Boeing in an interview with the BBC over several manufacturing faults that have resulted in the grounding of one of its three 787 Dreamliner aircraft.
By contrast, last month the administration, through the National Labor Relations Board, in an unprecedented move sued Boeing Corporation to stop it from using a manufacturing facility it had already built in South Carolina to produce its new 787 commercial aircraft.
To this end, it has introduced lean manufacturing techniques in its Seattle factories, even bringing in a moving conveyor line to streamline aircraft assembly.
The Rolls-Royce Crosspointe facility is a center of excellence for advanced manufacturing of precision-engineered engine discs and other components for some of the most sophisticated aircraft in the world.
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