Boeing Co (BA) shares surged 15% on Friday after the largest U.S. planemaker said it plans to resume production at its Philadelphia plant, as well as, restart manufacturing of its commercial jets in Washington state next week.Following a two-week suspension, Boeing said it will restart production at its facilities in Ridley Township, Philadelphia on April 20. At the Philadelphia site, Boeing produces military rotorcraft, including the H-47 Chinook, V-22 Osprey and MH-139A Grey Wolf. Defense and commercial services work and engineering design activities are also performed at the site.In a separate statement, the aerospace company informed investors that it will …read more
Source:: Yahoo Finance
