Hobart is one of many suppliers that dot Boeing's home turf around Puget Sound in Washington state, and the Bresters had planned to double their four-person workforce to meet Boeing's ambitions for increased production of its best-selling 737 jets. Hobart supplies parts to larger companies that sell directly to Boeing. Those plans are now up in the air after U.S. regulators curbed Boeing's production following a mid-air jet panel blowout, and the Bresters are not alone.
Small aerospace suppliers press for better protections against rising costs streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Financial Turbulence Widens Door to Private Equity in Fast-Growing Aerospace Sector usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Financial sector headwinds are creating fresh openings for private equity investments in aerospace, as suppliers need for capital to meet soaring demand for planes and parts risks further. | March 24, 2023
Financial sector headwinds are creating fresh openings for private equity investments in aerospace, as suppliers need for capital to meet soaring demand for planes and parts risks further