Boeing to Begin Work on Historic Assembly Plant

Fri November 27, 2009 - Southeast Edition
CEG




NORTH CHARLESTON, S.C. (AP) Boeing is breaking ground in South Carolina on a $750 million aircraft assembly plant — the largest industrial investment in state history.

Officials gathered Nov. 20 at the site near the Charleston International Airport where Boeing will assemble its 787 jetliners. The company in October chose North Charleston over Everett, Wash., for the assembly plant.

The new plant is expected to create 3,800 jobs within seven years and construction will mean another 2,000 jobs.

Boeing received an incentive package including up to $170 million in low-interest construction loans, plus sales tax exemptions for computers, material and fuel used in test flights.