Aviation Turmoil, Farming Boom Among 2008 Highlights

By: Associated Press Email
By: Associated Press Email

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Kansas this year suffered through the same poor economy hurting the rest of the country, but it had its own share of business headlines.

In Wichita, the aviation industry helped lobby against an Air Force tanker contract given to a combination of U.S. and European manufacturers. The military eventually agreed to rebid the project after flaws were found.

Strikes at Hawker Beechcraft and Boeing took thousands of union workers off the job for months. The two companies, along with Cessna Aircraft, in November announced they were laying off a combined 1,800 employees.

Overland Park-based Embarq, one of Kansas' few Fortune 500 companies, announced it was being sold to Louisiana-based CenturyTel Inc.

Farmers provided a bright spot as high commodity prices allowed many to invest in new equipment and expand their holdings.

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