The Boeing Co. on Tuesday announced two deals with Middle Eastern airlines that are buying 737s. Turkish Airlines has exercised options for eight 737-800s, the company said, while EgyptAir has ordered six 737-800s and taken options on six more. Boeing said the firm orders from the two airlines are worth about $970 million at list prices, but analysts say airlines have been negotiating discounts of 25 percent or more. Turkish Airlines is exercising an option agreement that was part of a deal it made in 2004 for 15 737s. The new planes all will be delivered in 2008. EgyptAir and Boeing said they had come to terms on their deal last week. EgyptAir’s six planes will be delivered from 2006 to 2009.
Microvision sets earnings record
Microvision Inc. reported second-quarter revenue totaled $4.7 million, a new company record and 124 percent higher than the same period last year. Revenue from development contracts climbed to $3.7 million, while sales of augmented vision equipment and bar code scanners generated the rest. The Bothell company’s net loss was $5 million, or 23 cents a share. Microvision also announced it had raised $5 million and converted $5 million of its stock into common equity.
Everett firm offers roofing material
Interlock Industries Inc. of Everett is introducing a new aluminum roofing material that’s designed to look like wood shingles. The company said Tuesday the locking aluminum tiles can be installed on top of an existing roof and are extremely weather resistant.
Mukilteo firm debuts DNA device
Mukilteo-based CombiMatrix Inc. has launched its first DNA synthesizer, which allows researchers to build their own customized research tools. It will be initially marketed to the pharmaceutical, biotechnology, academic and government sectors, the company reported.
Costco near Maltby to open Aug. 26
The new Costco Wholesale store south of Maltby is tentatively scheduled to open Aug. 26, according to the Issaquah-based retailer. The 149,000-square-foot store is located near the junction of Highways 9 and 522.
Contract awarded for crane painting
The Port of Everett awarded a $538,835 contract to Dunkin &Bust to paint two cranes it received from Seattle’s port. Port officials hope to get the cranes painted, repaired and installed as soon as possible to accommodate international shipments that have been growing with regularity.
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