Boeing (BA) says it will consolidate its El Paso facilities to reduce occupied footage by 50%...

|About: The Boeing Company (BA)|By:, SA News Editor

Boeing (BA) says it will consolidate its El Paso facilities to reduce occupied footage by 50% and cut up to 160 jobs there by the end of 2014 due to defense cutbacks. The move is part of the company's strategy to increase affordability for government customers and become more competitive in an increasingly global marketplace.