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Monday, 13 January 2014 12:06

Missouri was in late running for Boeing

JEFFERSON CITY, Mo. (AP) - Newly released documents show Missouri was in the running for a new Boeing assembly plant right up until the company decided to stay in Washington state.
 
Documents provided to The Associated Press on Monday under a Sunshine Law request show Boeing officials visited St. Louis on Dec. 28 to check out Missouri's proposal.
 
A follow-up visit was scheduled for Jan. 4. But that was cancelled after union members in Washington voted Jan. 3 to accept Boeing's contract proposal. The company then said it would build the 777X airplane there.
 
Boeing had not released a list of finalists for the project.
 
The documents show Missouri submitted three options to Boeing to assemble the wing or full plane at either of two locations near Lambert-St. Louis International Airpor
Published in Local News
Saturday, 04 January 2014 08:45

Boeing machinists OK contract tied to 777X

SEATTLE (AP) — Boeing machinists have approved a contract that would concede some pension and health care benefits in order to secure assembly of the company's new 777X airplane in the Puget Sound region.

The offer fractured the union and drew unusual pleas from local politicians who said the deal is necessary to support the region's economic future. Boeing had been exploring the prospect of building the 777X elsewhere, a move that could've triggered a steady exodus of aerospace jobs from a region where Boeing was founded.

Local union officials urged their 30,000 members to oppose the deal, arguing that the proposal surrenders too much at a time when the company is profitable.

After machinists rejected an initial proposal in November, Boeing received submissions for 54 locations in 22 states that wanted the 777X work.

Published in Local News
   SEATTLE (AP) - Boeing's contract proposal to machinists in the Puget Sound region would likely increase some workers' annual base salaries to more than $100,000 in the coming years.
   The offer going to a vote Friday would slow the growth of machinists' wages starting in 2016, but workers would still get regular cost-of-living adjustments and an additional one percent raise every other year.
   If historical cost-of-living changes continue, about 400 machinists in Washington state would surpass $100,000 in base pay in 2020, not counting shift differentials or overtime. The most common class of machinists would reach $82,000 at that point.
   Local union leaders are recommending that machinists reject the proposal, in part because it would slow how fast wages grow.
   But the contract would secure work on Boeing's new 777X in the region at a time when 22 states, including Missouri and Illinois are vying for those jobs.
 
Published in Local News
SEATTLE (AP) - Boeing has told local political leaders that this week's vote by Machinists will determine the fate of some jobs on the new 777X airplane.
 
In a press conference Monday morning, local politicians gathered in Everett to discuss the importance of approving the contract. They said Boeing executive Ray Conner told them in a meeting that the union vote will decide whether the new 777X composite wing is built in the region.
 
Conner told the politicians that an accepted contract will ensure that the wing work stays in the Puget Sound while a vote to reject the deal will ensure the jobs go elsewhere.
 
Kent Mayor Suzette Cooke says there is no other choice but to vote yes.
 
Local union leaders say the contract involves too many concessions, including a plan to shift workers away from traditional pensions.
 
Published in Local News
JEFFERSON CITY, Mo. (AP) - A Missouri panel's delay in approving millions of dollars in low-income housing tax credits has prompted bipartisan criticism.
 
The Missouri Housing Development Commission decided earlier this month to delay about $14 million annually in credits for developers to build apartments for low-income residents. The decision came shortly after Missouri lawmakers approved legislation authorizing up to $1.7 billion in tax incentives over two decades for Boeing Co. to build a plant in the St. Louis area.
 
The tax credits were linked informally to the Boeing incentives as part of negotiations between Democratic Gov. Jay Nixon and several Republican senators.
 
Republican Lt. Gov. Peter Kinder and Democratic Sen. Jamilah Nasheed said Monday there is no reason for the incentives to be linked.
 
A Nixon spokesman declined to comment.
 
Published in Local News
Saturday, 21 December 2013 08:06

Boeing notifies bidding sites about 777X status

CHICAGO (AP) — Boeing says it has begun telling states whether they're still in the running to build its new 777X.

Boeing has gotten proposals from 22 states including Missouri that all want to build the plane. Boeing says it is narrowing the list down and is telling each location its status in the process. Boeing isn't releasing the list publicly.

The company says it expects to pick a location early next year.

Boeing began looking for a new location to build the successor to its popular 777 after union workers in Washington state rejected a deal that would have kept the work there. The 777X is expected to bring thousands of well-paying jobs to wherever it is assembled.

Boeing is aiming to deliver the plane in 2020.

Published in Local News

 

   Boeing is expected to whittle down the list of contenders for their new 777X airplane plant.  Missouri is one of 22 states competing for the plant and the 8,000 jobs it could bring.  An email from company executive Ray Conner to Boeing employees indicates that the company plans to select a list of finalists this week.  The email was posted to the Washington Aerospace Partnership's Facebook. 
   Missouri's bid includes $3.5 billion in tax incentives and a promise from local unions that the plant could be built using three shifts of workers with no overtime charges.  
   Jeff Aboussie of the Building and Construction Trades Council of St. Louis told Fox 2 News its worth it to put people back to work.  "I don't believe that there's one union in this town that isn't welcoming the fact that Boeing could, hopefully, select St. Louis," he said.
   Boeing officials have said they expect to announce the site for the new plant in mid-January.
 
Published in Local News
   We still don't know where Boeing will build its new 777X commercial airliner, but it looks like it won't be in Washington State.  Thursday night, the machinists' union rejected Boeing's final contract offer to keep the plant in the Puget Sound area.  
   Missouri is one of 22 states bidding for the plant.  There's no indication which location Boeing will select.  Boeing officials have said they'rell make that announcement in mid-January.  
   In the mean time, the aerospace giant has announced plans to send more jobs to St. Louis. Over the next two years the company will add 300-400 new research and development positions as part of a larger reorganization. The St. Louis-based units should be up and running by 2015.
 
Published in Local News

   When the state of Missouri presents it's economic package to Boeing Tuesday, it'll include an extra tax incentive from St. Louis County.  

   Monday night, the County Council unanimously approved a preliminary package that could be worth as much as $1.8 billion if Boeing agrees to build the 777X commercial airliner near Lambert Airport.  The specific form of the incentives will take has not yet been determined, but could include TIFs, or tax increment financing.

   Both County Executive Charlie Dooley and St. Louis Mayor Francis Slay addressed the County Council last night in an effort to win the incentives.  Both made the case that the number of jobs the plant would bring would mean a significant economic boost to the region.  Production of the plane could bring as many as 8,000 new jobs to the St. Louis area.  

   With the county incentives and the tax breaks approved by state lawmakers last week, Missouri's bid to win the plant is worth nearly $3.5 billion over 20 years.   

   More than a dozen communities are vying for the new Boeing plant.  The aerospace company is expected to make a decision in January 2014.

Published in Local News

JEFFERSON CITY, Mo. (AP) — Two Boeing employees who are Missouri lawmakers took different approaches when the House considered a package of incentives for their company to assemble a new passenger jet in the St. Louis area.

Rep. Doug Funderburk, who is a longtime Boeing electrician, passionately urged colleagues to approve the legislation Friday. He voted "yes" as the bill passed the House 127-20.

Funderburk told The Associated Press he didn't think it posed a conflict of interest because he plans to retire within a few years. He said Boeing officials had no conversations with him about the legislation.

Representative Clem Smith, who is a machinist on the Boeing F-18, abstained from voting. Smith told The AP the bill presented a conflict of interest, because it could mean more money in his pocket.

Published in Local News
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