Business Developments
10/29/2009 12:53:47 AM EST
SC: Lured by Tax Incentives, Boeing Announces Plans to Locate Assembly Plant in North Charleston
NORTH CHARLESTON, SC - Lured by unprecedented tax incentives, Boeing announced Wednesday that it would locate its 787 Dreamliner assembly plant in South Carolina instead of expanding it current facilities in Washginton State, this after South Carolina lowered taxes and eased regulatory burdens in the state’s tort and workers’ compensation systems. (See The Palmetto Scoop) Meanwhile, Washington State lawmakers have vowed to continue fighting for Boeing's business. (See The Olympian)
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