{"id":2625,"date":"2013-12-11T11:07:39","date_gmt":"2013-12-11T17:07:39","guid":{"rendered":"http:\/\/peaceeconomyproject.org\/wordpress\/?p=2625"},"modified":"2013-12-11T11:07:39","modified_gmt":"2013-12-11T17:07:39","slug":"nixon-signs-boeing-777x-bill","status":"publish","type":"post","link":"https:\/\/peaceeconomyproject.org\/wordpress\/nixon-signs-boeing-777x-bill\/","title":{"rendered":"Nixon signs Boeing 777X bill"},"content":{"rendered":"

by Tim Logan, St. Louis Post Dispatch
\nclick here for original article<\/a><\/p>\n

In a signing ceremony stacked with symbolism, Gov. Jay Nixon put his name on Tuesday on the package of incentives state lawmakers passed last week to help lure Boeing Co.\u2019s 777X plant to St. Louis County.<\/p>\n

Nixon signed the law,\u00a0which creates up to $150 million a year<\/a>in new tax credits if Boeing puts a final assembly plant here, before a crowd of lawmakers and labor and business leaders at the McDonnell Planetarium at the St. Louis Science Center.<\/p>\n

Seated before a St. Louis-built Mercury spacecraft, Nixon put his pen to the bill that he says could reshape St. Louis\u2019 aerospace industry the way McDonnell\u2019s Space Race-era successes did.<\/p>\n

\u201cToday, another big aerospace project is in play,\u201d he said. \u201cIts outcome will have a powerful and lasting outcome on this region.\u201d<\/p>\n

<\/div>\n

Nixon was talking about Boeing\u2019s new 777X commercial airliner, which the aerospace giant says it will move out of Seattle after labor unions there shot down a tough new contract to build it.<\/p>\n

Outside of Washington state, no state official in the country has been more aggressive in pursuit of the plant than Nixon, who called Missouri lawmakers into a special session last week to set up new tax breaks that could top $1.7 billion over next 23 years for the plant, which\u00a0Boeing documents say could generate 8,500 jobs<\/a>. St. Louis County officials doubled that offer Monday night,\u00a0approving up to $1.8 billion<\/a>\u00a0in local tax breaks of their own.<\/p>\n

While the price tag in subsidies is big, Nixon said, the decision to pursue this plant was easy.<\/p>\n

\u201cWe could compete to bring 777X and thousands of jobs to Missouri. Or we could sit this one out,\u201d he said. \u201cTo me, the choice was clear.\u201d<\/p>\n

The competition is fierce. States from California to South Carolina are reported to be readying packages for Boeing, and industry analysts say sticking in Seattle is still a most-likely scenario. But St. Louis and Missouri officials who have talked with Boeing executives say they like their chances of winning at least some work on the plane, and they won\u2019t get any if they don\u2019t try.<\/p>\n

State proposals were due Tuesday afternoon, making the late-morning signing ceremony a sort of symbolic end to a very busy two weeks for the dozens of state and local economic development officials who have been putting together St. Louis\u2019 package. But there was still a little work to be done. When the ceremony was through, Missouri Department of Economic Development Director Mike Downing walked out the door of the Planetarium with a giant binder under his arm.<\/p>\n

\u201cWe\u2019ve got to finish this up,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

by Tim Logan, St. Louis Post Dispatch click here for original article In a signing ceremony stacked with symbolism, Gov. Jay Nixon put his name on Tuesday on the package of incentives state lawmakers passed last week to help lure Boeing Co.\u2019s 777X plant to St. Louis County. Nixon signed the law,\u00a0which creates up to […]<\/p>\n","protected":false},"author":1,"featured_media":2626,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[169],"class_list":["post-2625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-boeing"],"acf":[],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/peaceeconomyproject.org\/wordpress\/wp-content\/uploads\/2013\/12\/52a7b2c541c26.preview-300.jpg?fit=181%2C224&ssl=1","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts\/2625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/comments?post=2625"}],"version-history":[{"count":2,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts\/2625\/revisions"}],"predecessor-version":[{"id":2628,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts\/2625\/revisions\/2628"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/media\/2626"}],"wp:attachment":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/media?parent=2625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/categories?post=2625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/tags?post=2625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}