Boeing planning $1 billion expansion in SC - Philadelphia News, Weather and Sports from WTXF FOX 29

Boeing planning $1 billion expansion in SC

Posted: Updated:
(Boeing) (Boeing)

CHARLESTON, S.C. (AP) - The Boeing Co. is expanding in South Carolina, announcing it will invest $1 billion and create 2,000 new jobs over the next eight years.

Company spokeswoman Candy Eslinger on Tuesday confirmed the expansion at the company's $750 million 787 assembly plant in North Charleston. The first 787 made in South Carolina rolled off the assembly line a year ago.

News of the expansion was first reported by The Post and Courier.

Eslinger says that the company is committed to the investment to qualify for economic development incentives being proposed this week in the state General Assembly.

The newspaper reported House Speaker Bobby Harrell and state Sen. Hugh Leatherman plan to introduce legislation Tuesday providing $120 million to offset Boeing's upfront expansion costs, like site preparation and utility expenses.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow Us!

Powered by WorldNow

WTXF-TV
330 Market Street
Philadelphia, PA 19106-2796

Phone: (215) 925-2929
Fax: (215) 982-5494

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices