Boeing Co. is speeding up production of its 737 again as it aims to cut down a backlog for 3,400 of the jets. The 737 is popular with short-haul airlines such as Southwest and European discounter Ryanair.
Boeing cranks out 38 per month now at its plant in Renton, Wash. Its aiming to speed up to 42 a month in the first half of next year. Its new announcement says it will go to 47 per month in 2017.
The company on Wednesday said much of the design work for a major overhaul of its 777 will be done outside of its main commercial airplane base in the Seattle area. The plan laid out in a memo to Boeing workers confirms suspicions that Boeing has been looking to move design work to engineers elsewhere.
The company said much of the design work will be done in Charleston, S.C.; Huntsville, Ala.; Long Beach, Calif.; Philadelphia and St. Louis. Some work will also be done in Moscow.
The 777 is one of Boeings best-sellers.
Kraft to remove dyes from 3 of its products
Kraft says it plans to remove artificial dyes from three macaroni and cheese varieties that come in kid-friendly shapes, a move that comes as people increasingly reach for foods they feel are natural. The change doesnt affect Krafts plain elbow-shaped macaroni and cheese with original flavor.
The packaged-food company, which also makes Oscar Mayer and Jell-O, said the revamped recipes arent a response to a petition on Change.org that asked it to remove artificial dyes from its famous macaroni and cheese kits. That petition, which was posted in March, had more than 348,000 signatures on Thursday.
Krafts new recipes, which begin shipping early next year, will be for its macaroni and cheese varieties that come in the SpongeBob Squarepants, Halloween and winter shapes.
The company plans to replace the artificial dyes with spices such as paprika for coloring.
Symmetry suffers third-quarter loss
Symmetry Medical Inc. on Thursday reported a third-quarter loss of $34.5 million, or 95 cents per share, a $38.2 million plunge from earnings of $3.7 million, or 10 cents a share, posted for the same quarter of last year.
The Warsaw-based orthopedic devices maker listed several non-cash charges that affected net income for the period ended Sept. 28. They included: stock compensation, asset impairment, potential tax, management transition, acquisition, facility closure, severance and legal restructuring costs.
Thomas Sullivan, president and CEO, in a statement said the results were disappointing and issues are being addressed.
Construction group files for bankruptcy
A construction outfit with at least three companies under its umbrella has filed Chapter 7 bankruptcy.
Tony L. and Julie R. Johnson are named as owners of J & T Construction Services Inc. of Fort Wayne. The business has about $2.2 million in debt, including tens of thousands of dollars owned to attorneys and credit card companies. The company is attempting to liquidate its assets, which are listed at $24,040.
The Johnsons filed Oct. 20 in the Fort Wayne division of the U.S. Bankruptcy Court for the Northern District of Indiana.
The couples attorney, Nathan McElroy, said the economy and a lack of business contributed to the companys demise. He said the business had no employees.