Textron CFO: Cessna may move some production work to Mexico

02/11/2010 | AviationWeek.com

Textron, as part of an ongoing effort to reduce costs, says it may close some Cessna metalwork production lines in Kansas and Georgia and transfer the work to Mexico. The company cut 8,000 jobs at Cessna in 2009, and Chief Financial Officer Frank Conner said he expects Cessna to post a first-quarter loss.

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