WICHITA,
Kan., Sept. 12, 2013 /CNW/ - Spirit AeroSystems,
Inc. (NYSE: SPR) today continued its previously announced workforce
reductions by issuing layoff notices to approximately 150 salaried
and management workers in Wichita, Kan. In addition, a
significant number of Spirit salaried employees have expressed
interest in voluntary retirement and voluntary layoff programs. The
company is offering a lump sum severance payment and career
transition services to employees who are laid off, and a lump sum
severance payment and enhanced healthcare and pension options to
eligible employees who decide to participate in the voluntary
retirement program.
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At the same time Spirit is reducing its salaried and management
population, the company is hiring several hundred more factory
workers, including assembly, composite, metals and process
mechanics, and quality inspectors. These company actions to balance
the workforce are being taken to meet record demand from its
customers, and become more competitive in a cost-sensitive
environment. Spirit is already producing at record rates and
ramping up for further increases later this year and in early 2014.
Spirit's backlog remains robust at about $38 billion.
On the web: www.spiritaero.com
On Twitter: @SpiritAero
About Spirit AeroSystems, Inc.
Spirit AeroSystems,
with headquarters in Wichita, Kan., USA, is one of the world's largest non-OEM
designers and manufacturers of aerostructures for commercial
aircraft. In addition to its Wichita and Chanute
facilities in Kansas, Spirit has locations in
Tulsa and McAlester,
Okla.; Kinston, N.C.; Nashville,
Tenn.; Prestwick, Scotland;
Preston,
England; Subang, Malaysia; and
Saint-Nazaire, France. In
the U.S., Spirit's products include fuselages, pylons, nacelles and
wing components. Additionally, Spirit provides aftermarket customer
support services, including spare parts,
maintenance/repair/overhaul, and fleet support services in
North
America, Europe and Asia. Spirit
Europe produces wing components for a
host of customers, including Airbus.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains forward-looking
statements concerning future business operations. Forward-looking
statements reflect our current expectations or forecasts of future
events. We caution investors not to place undue reliance on any
forward-looking statements. Actual results or circumstances may
vary materially from those indicated or implied in this press
release as a result of certain risks and uncertainties, including
our ability to attain the anticipated cost reductions and
efficiencies from the announced workforce reduction, the
continuation of increased demand from our customers, as well
as other risks and uncertainties, including but not limited to
those detailed in Spirit AeroSystems Holdings, Inc. Securities and
Exchange Commission filings.
SOURCE Spirit AeroSystems, Inc.