The Washington State legislature completed passage of key
elements of an incentive package Saturday aimed at guaranteeing that Boeing Co.
will locate manufacturing work for its 777X jetliner in Puget Sound.
The roughly $8.7 billion package of extended tax breaks,
education and workforce support and permit streamlining was passed less than a
week after Democratic Governor Jay Inslee on Tuesday called for a special
legislative session to swiftly approve the package. The incentives, along with
a pending contract for Boeing's largest union, are seen as crucial to
Washington State's selection for the work.
"This is a great day for everyone in Washington,"
Mr. Inslee said in a statement. "Winning the 777X will secure tens of
thousands of jobs and yield huge economic benefits for generations to come. And
it will bolster our state's legacy as the aerospace capital of the world." Read more.
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