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Boeing is in talks to buy back Spirit Aerosystems, which makes fuselages for Boeing's 737 Max jets, according to a person familiar with the matter, as both companies scramble to stamp out manufacturing flaws on the top-selling plane.
Boeing said Monday that it will buy back its struggling fuselage maker Spirit AeroSystems in an all-stock deal that the planemaker has said will improve safety and quality control.
TOKYO -- Tesla battery supplier Panasonic Energy is weighing additional investment in the U.S. state of Kansas despite concerns that demand for electric vehicles is slowing, Nikkei Asia has learned.
Panasonic's battery business must focus on boosting productivity, Group CEO Yuki Kusumi told Reuters, signaling the Tesla supplier may hold off building a third battery plant in North America as demand for electric vehicles cools.
DE SOTO, U.S. -- Rick Walker, mayor of De Soto, Kansas, can barely contain his excitement about the vast U-shaped factory going up on his city's outskirts. Overhung with cranes and buzzing with over a thousand workers, the plant is being built by Panasonic Energy, a Japanese maker of batteries for electric vehicles and a major supplier to Tesla.
The panel that blew out of an Alaska Airlines jetliner this month was manufactured in Malaysia by Boeing’s leading supplier, the head of the agency investigating the incident said Wednesday.