Boeing headquarters

Boeing is owned by which country

This is the history of American aerospace manufacturing company Boeing. In , William E. Boeing , a wealthy lumber entrepreneur who studied at Yale University , became fascinated with airplanes after seeing one at the Alaska-Yukon-Pacific Exposition in Seattle. In he bought the Heath Shipyard, a wooden boat manufacturing facility at the mouth of the Duwamish River , which would become his first airplane factory.

The aircraft was shipped disassembled by rail to the northeast shore of Lake Union , where Martin's pilot and handyman James Floyd Smith assembled it in a tent hangar.

Boeing ceo

The Birdcage was damaged in a crash during testing, and when Martin informed Boeing that replacement parts would not become available for months, Boeing realized he could build his own plane in that amount of time. He put the idea to his friend George Conrad Westervelt , a U. Boeing made good use of his Duwamish boatworks and its woodworkers under the direction of Edward Heath, from whom he bought it, in fabricating wooden components to be assembled at Lake Union.

Seeing the opportunity to be a regular producer of airplanes, with the expertise of Mr. Wong, suitable productive facilities, and an abundant supply of spruce wood suitable for aircraft, Boeing incorporated his airplane manufacturing business as "Pacific Aero Products Co" on July 15, Boeing was later reincorporated in Delaware ; the original Certificate of Incorporation was filed with the Secretary of State of Delaware on July 19, In , the company moved its operations to Boeing's Duwamish boatworks, which became Boeing Plant 1.

With the U. Navy needed seaplanes for training, so Boeing shipped two new Model 2s to Pensacola, Florida , where the planes were flown for the Navy. The Navy liked the Model 2 and ordered 50 more. When World War I ended in , a large surplus of cheap, used military planes flooded the commercial airplane market, preventing aircraft companies from selling any new airplanes, driving many out of business.