Economic Development Futures Journal

Monday, April 21, 2003

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Chase for the Boeing 7E7 Plant Gathers Momentum

What community would not want the new highly coveted Boeing 7E7 passenger jet manufacturing plant, which is expected to provide over 4,000 well-paying jobs and many other eocnomic benefits to the winner?

Mesa, Arizona says it wants the deal and has a lot to offer Boeing, should the company decide it wants to build the plant in the Greater Phoenix area. Boeing currently has over 4,000 jobs already located in its mostly defense-related Mesa facility.

The company is scheduled to release details of its site selection parameters and requirements in the coming weeks. Production of the 7E7 is scheduled to begin in 2004, with the first airplanes in service by 2008. You can count on the fact that competition will be intense for the deal, and pressure to provide a big fat incentive package will be great.

Boeing website.

Article link.

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