Missouri ready to show Boeing the 777x money
JEFFERSON CITY, Mo. - Will the 777X wind up in Missouri? Lawmakers in the "Show Me" state plan to show Boeing the money.
Missouri is convening a special legislative session Monday to craft a tax incentive package for Boeing. A similar special session in Washington state last month produced a tax package worth $8.7 billion.
No details have emerged on how much Missouri plans to offer Boeing.
Missouri Governor Jay Nixon says a successful bid would be a game changer for his state, bringing in thousands of high-paying jobs.
"When the leadership of Boeing says they're going to move this product to another state after what happened in Washington, I think they mean it," Nixon tells KMOV-TV in St. Louis, MO.
International Association of Machinists members last month rejected a contract extension that would have guaranteed assembly of the next generation 777 in Everett.
Fifteen thousand Boeing employees already work in St. Louis. Despite that, aviation analyst Richard Aboulafia with The Teal Group is confident Missouri will not get this work.
"They don't really have a work force with much commercial jetliner experience, if any," Aboulafia says. "There's not a lot of composite experience there either."
The 777X will feature a carbon fiber "composite" wing.
Aboulafia also points out that St. Louis lacks an ocean port to receive and ship massive airplane parts.
Alabama, California, South Carolina, Texas and Utah are also trying to land the 777X. Boeing has said it will choose an assembly site early next year.