Boeing (BA) is inve🧜sting $1 billion in expanding its facilities ꧒in South Carolina to ramp up production of the 787 Dreamliner.

The airplane manufacturer said late Thursday that it expects to produce 10 Dreamliner planes per month by 2026, and said the upgrades to the South Carolina facility should be completed by early 2027. The company said the project will create roughly 500 jobs💃 over the next five years.

Boeing has been wracked with production issues this year, from the 澳洲幸运5官方开奖结果体彩网:forced slowing of production following a 澳洲幸运5官方开奖结果体彩网:series of safety incidents to start the year, to a 澳洲幸运5官方开奖结果体彩网:strike at its Washington plants that 澳洲幸运5官方开奖结果体彩网:lasted nearly two months and ended in November.

The company made 澳洲幸运5官方开奖结果体彩网:cost-cutting moves including 澳洲幸运5官方开奖结果体彩网:thousands of layoffs during the strike. Boeing reportedly only recently resumed production of the 737 Max series of planes just over a month after the strike ended, with a current order backlog of over 4,000 planes, according to Reuters.

Boeing shares were little changed Friday morning. They a♔re down a🦩bout 35% this year.