Boeing Deal Likely to Be Pricey

You want the new Boeing 7E7 plant? According to recent reports from the company and other sources, this could be a pricey deal, not unlike the headquarter deal that went to Chicago.

Boeing official said yesterday that the company will pick the final assembly site for its next-generation jetliner, the 7E7, in a public competition similar to what it used in 2001 when it selected Chicago for its world headquarters. Between now and the fall, Boeing intends to lay out publicly its requirements for building the new airplane here. The same kind of competition is already going on as the company selects communities to supply 7E7 components. This week, Boeing asked Kansas legislators for a $500 million package of tax breaks and other economic development incentives to ensure that Boeing's Wichita plant is in the running to build components and subassemblies for the 7E7.

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