April 30th, 2009
Cessna is laying off an additional 2,300 people, extending its summer shutdown, suspending its Citation Columbus program and closing its Bend, Ore., plant, the company said today.
The $27 million Columbus design was billed as the largest, fastest longest-range, most comfortable and most advanced Citation in history.
It was supposed to be ready in 2014 and state and local governments in Kansas had allotted millions in incentives to entice Cessna to build the production plant in the state.
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