Boeing Confirms Closure of Seattle R&D Center | Seattle Real Estate Podcast
Boeing says it’ll be repurposing the Seattle-area facility that has served as the focus for research into the composite materials used in aircraft ranging from the B-2 Stealth bomber to the 787 Dreamliner.
In an emailed statement, Boeing said much of the work being done at the Advanced Developmental Composites Center, situated across the street from Seattle’s Museum of Flight, will be distributed to other Boeing facilities — mostly in the Puget Sound region. Other work, unrelated to Boeing Commercial Airplanes, will continue to be done at the 600,000-square-foot facility.
Boeing cast the move as a cost-saving and efficiency-enhancing measure.
“We continue to take comprehensive action across the enterprise to adapt to our new market reality and transform our business to be leaner and more sustainable for the future,” the company said in its statement. “This is one of several steps we’re taking to streamline our operations and make more efficient use of our facility space. Boeing continues to invest in development of advanced composites for future products, and going forward this will take place in other local Boeing facilities.”
Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.
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