The Biz Buzz

Get the most up-to-date news, insights and analysis of Tacoma, Pierce County and South Puget Sound business.

NOTICE: The Biz Buzz has moved.

With the launch of our new website, we've moved The Biz Buzz.
Visit the new section.

Legislators preparing Washington to compete to keep Boeing production line

Post by John Gillie / The News Tribune on June 27, 2008 at 1:50 pm |
June 27, 2008 1:50 pm

A dozen legislators are making early preparations for the time when production of Boeing’s popular 737 winds down at the company’s Renton plant.


Anticipating a competition like Boeing created for the assembly site of the 787 Dreamliner, legislators are already talking about what tax breaks, worker training initiatives and infrastructure improvements will keep single-aisle jetliner here. Washington won the 787 competition five years ago amidst strong competition from other states.


Meeting at a Sea-Tac hotel this week, the lawmakers and industry officials discussed how to keep Washington competitive with aggressive southern states and foreign sites where wages are lower and state-paid incentives are higher.


They’ll have a few years to lay their plans. Boeing has delayed the introduction of a 737 successor until about 2020 because earlier plans to build a follow-on plane failed to produce the kinds of economic savings that would have been worth the multi-billion investment needed to create a 737 successor.

*
The News Tribune now uses Facebook commenting on selected blogs. See editor's column for more details. Commenters are expected to abide by terms of service for Facebook as well as commenting rules for thenewstribune.com. Report violators to webmaster@thenewstribune.com.