North Carolina to Boeing: It Ain't Over Till It's Over

North Carolina is still hoping it can persuade Boeing to locate its new plane factory in the state. State and local ED officials are working to sweeten the incentive deal offered to Boeing.

In my read of the media coverage of the deal, this one sounds like it's headed to Everett, WA, but stranger things have happened, and highly visible projects of this sort have done an about face if the company's first locational choice falls short for some reason. You have to admire North Carolina's tenacity. Go here to read more.

One thing is for certain about the Boeing deal, this project is going to cost two arms and two legs. Is it worth it? My guess is that most communities and states would be inclined to pay through the nose to attract the deal given its economic and image benefits. Believe me that Washington state is going to pay big time to this project.