Missouri Legislature Taking Up Bill to Lure Boeing 777X Project
The Missouri Legislature will convene Dec. 2, at 4 p.m., for a special session to take up legislation to entice Boeing to produce a new commercial jetliner, the 777X, in St. Louis. The proposal would grant Boeing up to $150 million in annual tax incentives.
“Building this next-generation commercial aircraft in Missouri would create thousands of jobs across our state and secure our position as a hub for advanced aerospace manufacturing – and that’s why I am committed to competing for and winning this project,” Gov. Jay Nixon in a statement emailed on Nov. 22.
Although Boeing is one of the largest employers in the state, with more than 15,000 employees in the St. Louis area, Missouri faces tough competition from officials in 15 other state and local governments that are trying to induce the company, including: Alabama, California, South Carolina, Texas and Utah. Such bids will be due soon and the company will decide in early 2014.