The French plane maker Airbus opens its first factory in the U.S. today. The $600 million plant in Mobile, Alabama, is touted as a solution to the company’s need to expand low-cost production to meet a major backlog in demand. It also boldly bids for market share in the territory of Airbus’s American rival, Boeing.
Here & Now‘s Peter O’Dowd speaks with CBS News’ Business Analyst Jill Schlesinger about the impact of this factory.
Guest
- Jill Schlesinger, Business Analyst for CBS News. She tweets @jillonmoney.
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