Boeing's decision to land a new aircraft assembly plant in South Carolina should mean thousands of jobs beyond the plant walls. Gov. Mark Sanford on Friday signed an incentive package that includes $170 million in low-interest loans used to lure Boeing. State Senate President Pro Tem Glenn McConnell says he expects two to three spinoff jobs for each of the 3,800 Boeing hopes to create in seven years. That's about the typical spinoff for an industrial announcement. One aviation analyst says … [Read more...]

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Lawmakers celebrate as deal is sealed The landing was delayed, but Boeing has arrived in South Carolina and is bringing along 3,800 jobs to build its new, state-of-the-art jet. Jilting its longtime Washington state manufacturing base, the Chicago-based airplane maker said Wednesday it will build its second 787 Dreamliner assembly line in North Charleston. State and local officials, who unsuccessfully sought Boeing's first 787 assembly line in 2003, expect Boeing to break ground on the plant … [Read more...]

The big news Wednesday afternoon was a Dreamliner come true: Boeing has decided to build a massive facility in North Charleston for production of its 787 airliner. That landmark victory for economic development in our community and state will bring thousands of well-paying jobs -- an especially impressive and important achievement during these tough times. Many people can claim a fair share of the credit for this triumph. That happy group includes the state lawmakers who, while meeting in an … [Read more...]

Aviation giant expects to break ground on new assembly plant within the next few weeks North Charleston won the fiercely fought battle for a Boeing 787 aircraft assembly plant Wednesday, thrusting South Carolina onto the world stage of aircraft manufacturing. The Boeing Co. will build the new line at its Charleston International Airport property instead of in Everett, Wash., the nation's aviation nerve center and longtime home of the company's commercial airplane business. The decision was … [Read more...]

Boeing's commitment to North Charleston could kickstart economic recovery in South Carolina, a leading economist said Wednesday. And it could buff up the state's tarnished national image after being the butt of jokes for months because of Gov. Mark Sanford's extramarital affair and U.S. Rep. Joe Wilson's "You lie!" outburst. "If Mark Sanford goes off to Argentina, people might laugh at us," USC economist Doug Woodward said. "But what they are seeing now is what's important. It's going to be a … [Read more...]

North Charleston will be home to a new Boeing 787 jet assembly plant, ending a hotly sought-after deal that thrusts the state into the front lines of aircraft manufacturing. North Charleston won the fiercely fought battle for a Boeing 787 aircraft assembly plant Wednesday, thrusting South Carolina onto the world stage of aircraft manufacturing. The Boeing Co. will build the new line at its Charleston International Airport property instead of Everett, Wash., the nation’s aviation nerve center … [Read more...]

While Boeing Co. did not publicly disclose plans for a second 787 assembly line until this year, the effort to lure the investment and jobs to South Carolina can be traced back to June 2003. It was then that Gov. Mark Sanford's office and then-Commerce Secretary Bob Faith acknowledged the state had received a "request for proposal" from the airplane manufacturer. At the time, Boeing was looking at cities all over the country for places to build the first assembly line for the 787 Dreamliner … [Read more...]

Lawmakers celebrate as deal is sealed The landing was delayed, but Boeing has arrived in South Carolina and is bringing along 3,800 jobs to build its new, state-of-the-art jet. Jilting its longtime Washington state manufacturing base, the Chicago-based airplane maker said Wednesday it will build its second 787 Dreamliner assembly line in North Charleston. … [Read more...]

An economic incentive package that appears tailored to bring a massive Boeing assembly facility to North Charleston crossed its first legislative hurdle Tuesday, winning approval in a state Senate committee. The Finance Committee OK'd low-interest construction bonds and incentives that include a sales tax exemption on fuel used in test flights. To qualify, a company would have to bring at least 3,800 full-time jobs and at least $750 million in investment to the state over seven years. "We've … [Read more...]