Mo. Incentives to Boeing Could Total $1.7B
JEFFERSON CITY (AP) - New details about Missouri's bid for a Boeing assembly plant show the state could offer more than $1.7 billion of incentives over two decades.
Gov. Jay Nixon's office released details about the incentives Tuesday to The Associated Press as lawmakers prepared to hear testimony about it in a special session.
Nixon also said a new agreement among St. Louis labor councils could help Missouri compete for the Boeing 777X airplane.
Boeing solicited proposals to build its next-generation commercial aircraft after union members in Washington state rejected a proposed contract that sought concessions.
Missouri's potential package of incentives is based on the jobs created. If Boeing adds 2,000 jobs, the incentives could total up to $435 million by 2040. If Boeing adds 8,000 jobs, the incentives could total $1.74 billion.