Nixon Expects Decision Soon Over Special Session To Lure Boeing

Jay Nixon addresses the crowd at a 2012 event. | Photo courtesy of Creative Commons
Jay Nixon addresses the crowd at a 2012 event. | Photo courtesy of Creative Commons

Amid growing speculation that the Missouri General Assembly will come together for a special session to pass tax incentives aimed at luring Boeing Co.’s new 777X plant, Gov. Jay Nixon said today a decision regarding a special session would be made in “days, not weeks.”

Nixon called the chance for St. Louis to land a plant responsible for final assembly of the 777X, Boeing’s next-generation jet, a “huge, transformational” opportunity.

What incentives Missouri will offer to entice Chicago-based Boeing remain to be seen, but other states are said to be offering packages worth billions of dollars..

Washington was going to offer $8 billion in tax breaks over 15 years, but union objections to a contract tied to the plant scuttled the deal there.

Industry analysts say Missouri is a long shot to win the facility, for which Boeing is seeking proposals from 15 states and metro areas. The company hopes to decide on a location by early 2014.

Read more from the St. Louis Post-Dispatch


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