Onex to breathe fresh life into Boeing subassembly plants
As Canadian conglomerate Onex prepared for its historic buy of Boeing’s commercial subassembly plants in the midwestern U.S., 9,300 employees at Boeing sit

As Canadian conglomerate Onex prepared for its historic buy of Boeing’s commercial subassembly plants in the midwestern U.S., 9,300 employees at Boeing sites in Wichita, Kansas, and Tulsa and McAlester, Oklahoma, understandably felt a nagging unease over their futures. But unlike  so many other deals in which the buyers set out to consolidate and “rightsize” their acquisition targets, this one, at least on the surface, looks less threatening. In fact, many analysts think the new owner will breathe fresh life into the operation, the largest Tier 1 subassembly builder in the world but one that now runs at only 50-percent capacity.