The Joplin Globe, Joplin, MO

Business

December 10, 2013

Missouri governor to sign $1.7B Boeing incentive plan

ST. LOUIS — Missouri Gov. Jay Nixon plans to sign legislation that would offer up to $1.7 billion in incentives over more than two decades in hopes of landing Boeing’s 777X.

Lawmakers approved the measure during a one-week special session last week. The incentives will be an important part of Missouri’s bid to assemble the jetliner.

Nixon scheduled a bill signing ceremony Tuesday at the James S. McDonnell Planetarium in St. Louis.

Boeing Co. currently builds military aircraft in the St. Louis area and employs about 15,000 people in Missouri.

The aerospace company requested proposals from more than a dozen locations for the 777X after a machinists’ union in Washington state last month rejected a proposed contract seeking to replace their traditional pension with a defined contribution savings plan.

 

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Poll

Missouri Gov. Jay Nixon said Tuesday that a tax cut approved by the Legislature could have a “cataclysmic” effect on state revenues to the tune of $4.8 billion. House Majority Leader John Diehl calls that “absurd.” Who do you believe?

A. Nixon
B. Diehl
     View Results
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