| keyword:the BHA Aero Composites Parts | | | | global supply chain," said Carolyn |
| Boeing | | | | Corvi, vice president and general |
| China | | | | manager of Airplane Programs, Boeing |
| The Boeing Company is to increase its | | | | Commercial Airplanes. |
| stake in the BHA Aero Composites Parts | | | | "Increasing our ownership in a valuable |
| Co. Ltd. (BHA) by buying the shares | | | | supplier like BHA benefits both Boeing |
| Hexcel Corp. owns in the joint venture, | | | | and China. Our investment will grow BHA |
| the company told Xinhua on Thursday. | | | | to a global supplier, expand the Boeing |
| This would lift Boeing's ownership to a | | | | presence in China and strengthen our |
| majority stake of 80 percent in the | | | | efforts to develop this important |
| joint venture with China Aviation | | | | market," she said. |
| Industry Corporation I (AVIC I). The | | | | Boeing said it would support BHA's |
| country's largest aviation manufacturer | | | | expansion by acquiring rights to the |
| holds the remaining shares. | | | | land adjacent to the facility in |
| The deal would be worth 22.3 million | | | | Tianjin's Binhai New Area. |
| U.S. dollars, according to early | | | | BHA was formed among Boeing, Hexcel and |
| reports. | | | | AVIC I in 2002 in Tianjin, north China. |
| "BHA manufactures high-quality | | | | It specialized in manufacturing |
| components for our commercial airplanes | | | | composite parts for commercial |
| and is an integral part of the company's | | | | airplanes. |