Boeing headquarters moving out of Chicago to Northern Virginia, company announces

Boeing headquarters moving out of Chicago to Northern Virginia, company announces

CHICAGO (TOC) — Boeing introduced Thursday it is going to transfer its international headquarters out of Chicago and Illinois solely.

In an announcement, Boeing stated its campus in Arlington, Va., will function the corporate’s new international headquarters. Boeing stated the transfer east places it geographically nearer to considered one of its greatest clients, the Pentagon, and near the Federal Aviation Administration, which certifies Boeing passenger planes.

Within the firm’s announcement, Boeing stated it plans to develop a analysis advert know-how hub within the space to “harness and entice engineering and technical capabilities.”

Boeing additionally plans to develop a analysis and know-how hub in Northern Virginia. The corporate stated it is going to proceed to take care of a “important presence” in Chicago and the encompassing space.

“We enormously recognize our persevering with relationships in Chicago and all through Illinois. We sit up for sustaining a robust presence within the metropolis and the state,” stated Boeing president and CEO Dave Calhoun within the announcement.

It was not instantly clear how a lot impression the transfer would have on Boeing’s staff within the metropolis.

Boeing has primarily based its headquarters in Chicago for the final 20 years, after transferring from its unique headquarters in Seattle in 2001.

In an announcement, Illinois Senators Dick Durbin and Tammy Duckworth expressed their disappointment with the announcement.

“Boeing’s choice to depart Illinois is extremely disappointing–every degree of presidency in our state has labored to make Chicago and Illinois the proper house for Boeing’s headquarters for the previous 20 years. We’re working collectively to make sure Boeing management each understands how dangerous this transfer might be and does the whole lot attainable to guard Illinois’s staff and jobs,” the assertion learn.

Chicago Mayor Lori Lightfoot additionally launched an announcement on the transfer, saying, “Chicago is a world-class metropolis and within the final 12 months, 173 companies relocated or expanded right here, and 67 companies have made that very same choice for the reason that begin of 2022. Whereas Boeing has determined to maneuver their headquarters to a different metropolis, they are going to nonetheless keep a presence in Chicago. We now have a sturdy pipeline of main company relocations and expansions, and we count on extra bulletins within the coming months. What stays to be true is that Chicago is a significant hub for international companies that acknowledge our various workforce, expansive infrastructure, and thriving financial system.”

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