Quantcast

Boeing investing $1 billion, bringing 2K jobs to N. Charleston - Live5News.com | Charleston, SC | News, Weather, Sports

Boeing investing $1 billion, bringing 2K jobs to N. Charleston

Posted: Updated:
  • Most Read StoriesMost Read StoriesMore>>

  • Woman finds body during egg hunt

    Woman finds body during egg hunt

    Saturday, April 19 2014 2:22 PM EDT2014-04-19 18:22:36 GMT
    Police say there are no obvious signs of foul play.More >>
    Police say there are no obvious signs of foul play.More >>
  • Missing woman found safe

    Missing woman found safe

    Saturday, April 19 2014 5:03 PM EDT2014-04-19 21:03:45 GMT
    Charleston Police say missing woman Anna McQuilllan has been found safe and she is OK.More >>
    Charleston Police say missing woman Anna McQuilllan has been found safe and she is OK.More >>
  • 2 people jump from window to escape Murrells Inlet fire

    2 people jump from window to escape Murrells Inlet fire

    Saturday, April 19 2014 6:48 PM EDT2014-04-19 22:48:14 GMT
    MURRELLS INLET, SC (WMBF) - A fire is blazing in Murrells Inlet on Lotus Court, a member of Murrells Inlet/Garden City Fire and Rescue confirmed. Fire crews are on the scene working to put out the fire. InformationMore >>
    A fire is under control at Riverwood Condos complex on Lotus Court in Murrells Inlet, Chief Thompson with Horry County Fire and Rescue confirmed.
    More >>
NORTH CHARLESTON, SC (WCSC/AP) -

Governor Nikki Haley took to social media Tuesday morning to announce Boeing's expansion in North Charleston.

The governor posted on Facebook, "Celebrating this morning as Boeing, a great American company, invests $1 billion in our state creating 2000 additional jobs.  It's another great day in South Carolina!"

According to the Associated Press, the expansion will take place 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.

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.

State Sen. Hugh Leatherman introduced a measure on Tuesday for the state to provide $120 million in incentives to the company to offset Boeing's upfront expansion costs, like site preparation and utility expenses.

Commerce Secretary Bobby Hitt says the incentive package is very similar to one the state offered BMW when its plant in the Upstate expanded after originally opening in the 1990s.

"We appreciate the strong support Boeing has received in South Carolina since we began expanding our presence and investments here just a few years ago. The South Carolina business environment is one of the things that attracted us here originally. We are proud of our partnership with the state and the mutual benefits we have achieved working together for the people of South Carolina, the customers who fly our airplanes, and for Boeing," Eslinger said.

Eslinger said Boeing forecasts roughly 34,000 commerical airplanes will be required over the next 20 years.

Copyright 2013 WCSC.  All rights reserved.  The Associated Press contributed to this report.

Powered by WorldNow