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Top Boeing 737 Max Supplier Rushes to Answer Production U-Turn

The largest supplier for the Boeing Co.’s 737 Max had been revving up to jump to a record production pace in June for the single-aisle jet.

Instead, Spirit AeroSystems Holdings Inc. is rushing to preserve cash, manage a mountain of inventory and shield its workforce from layoffs. Since the best-selling 737 model was grounded following a March 10 crash, the second deadly accident in five months, Boeing has scrapped the planned output increase and slowed work in its own factory south of Seattle.

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