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Textron officials mum on job cuts at Beechcraft

Dec. 30, 2013 – Textron Inc.'s CEO said Friday that his aviation company's $1.4 billion purchase of Beechcraft Corp. will require "restructuring and optimization of costs." But how the deal will affect thousands of employees at Beechcraft's home base in Kansas, and elsewhere, remains unclear.


December 30, 2013  By The Canadian Press

Dec. 30, 2013 – Textron Inc.'s CEO said Friday that his aviation company's $1.4 billion purchase of Beechcraft Corp. will require "restructuring and optimization of costs." But how the deal will affect thousands of employees at Beechcraft's home base in Kansas, and elsewhere, remains unclear.

Textron, Cessna Aircraft's parent company, announced late Thursday that it was purchasing Wichita, Kan.-based Beechcraft in a merger of big players in aviation. On Friday, a Textron spokesman said it was too early to speculate on workforce size or plant consolidations.

Civic leaders seemed optimistic in Wichita, where Beechraft is one of the linchpin businesses with about 3,300 employees. The company emerged from bankruptcy earlier this year. | READ MORE

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