Boeing Selects New Breed to Provide Logistics Support for 787 Dreamliner Production
HIGH POINT, NC - February 23, 2006
New Breed Logistics, Inc., based in High Point, North Carolina, announced today that it has been selected by The Boeing Company to provide logistics support for final assembly of the world's best-selling new commercial aircraft, Boeing's 787 Dreamliner. The 787 will be assembled at Boeing's facility in Everett, Wash. New Breed was selected as the provider for the 787 program based on the company's track record of performance, cost reduction, flexibility, and technology-focused solutions.
"New Breed will help us achieve our ambitious targets for efficient production and delivery of the 787," said Scott Strode, Vice President of Airplane Production, 787 Program. "We look forward to working together with New Breed on what is truly a new airplane for a new world."
Under this contract, New Breed will receive, store, provide inventory control, kit, package, distribute, and transport 787 parts, tools, and supplies to designated locations within Boeing's facility. Louis DeJoy, New Breed's Chairman & CEO commented, "We are proud and excited to be selected as the provider of choice for this strategic initiative. The award of the 787 Dreamliner program exemplifies our commitment to the Boeing Company and demonstrates our ability to provide industry-leading performance-measured solutions."
The New Breed logistics plan will establish a 100,000+ square foot facility in close proximity to the Boeing facility in Everett. Staffing plans for the New Breed support facility will be finalized over the next three months. The 787 is scheduled to enter commercial service in 2008.
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About New Breed
New Breed is a national distribution center operations company, featuring world-class capabilities in distribution services, reverse logistics & repair, and supply chain consulting. Clients include Verizon Wireless, Siemens Medical Solutions, the United States Postal Service, and the U.S. Marine Corps. Nationally recognized for its superior services, New Breed is consistently named among the Top Third Party Logistics Providers, and one of the top "North Carolina 100" privately held companies by Grant Thornton. New Breed employs more than 3,000 people and operates more than 30 distribution centers.
About Boeing 787 Dreamliner
The 787 is a family of three super-efficient airplanes that will provide passengers with a better flying experience. The airplanes will feature significant improvements in passenger amenities including cleaner air, bigger windows, a lower cabin altitude and higher humidity. Detailed design of the 787 is underway with production scheduled to start in 2006. First flight is planned for 2007 with deliveries beginning in 2008.
