Aerospace tax incentives could help lure startup to Seattle
The Puget Sound Business Journal reported earlier this week on some new business that may be coming Washington state's way: Spike Aerospace, a Boston startup developing an ambitious new supersonic business jet, is talking with Washington state officials and aerospace suppliers about possibly locating its new manufacturing plant in Seattle. The company's CEO, Vik Kachoria, […]
7th of June 2016
Forbes.com contributor: "Washington Lawmakers Grandstanding Against Boeing Could Cripple State's Aerospace Industry"
Writing on Forbes.com yesterday, Travis H. Brown sets his sights on "politicians in Olympia [who] have repeatedly floated the notion of clawing back the aerospace tax incentives." Earlier this year, Representative June Robinson (D-Everett) introduced a bill that put caveats on Boeing’s ability to receive the full benefits of the 2013 tax package. The legislation (House Bill […]
25th of May 2016
Job openings, some worker shortages expected in aerospace industry
An article in today's Puget Sound Business Journal brought our attention to a new "Talent Pipeline Study for Aerospace" published by the Workforce Development Council of Seattle-King County. It's full of fascinating data on employment in the aerospace industry through 2023. Some highlights: While "overall employment within the aerospace industry will decline by 0.8% annually from 2013 […]
2nd of May 2016
Boeing Company "Invested More than $13 Billion in Washington state in 2015"
Boeing announced Friday "that the company invested more than $13 billion in Washington in 2015, reflecting the value Washington taxpayers received from Boeing’s presence in the state." It also "reported $305 million in savings in 2015 via the Washington aerospace tax incentives." According to Boeing, its $13 billion in investments include: Billions of dollars of expenditures […]
10th of November 2015
Aerospace tax incentives work
WRC President Lew Moore spoke to Seattle's KIRO TV yesterday about the benefits of Boeing and aerospace industry tax incentives for Washington state. In response to union criticism about 777X tax incentives originally approved in 2003 and extended by the Legislature and governor in 2013, Lew stressed that they are working: "The incentive was passed in 2003," said Moore. […]
1st of September 2015
Policy Today podcast: Boeing 777X progress
Today we explore the status of Boeing's 777X plane project. New cutting-edge equipment for the plane's composite wings is moving into place and orders are being placed. Listen to past podcasts here.
28th of August 2015
777X plane project is cooking
On Wednesday night, State Route 526 was temporarily closed to traffic to transport a very special, very large oven to Boeing’s Composite Wing Center in Everett. The high-pressure oven, known as an autoclave, is there to “bake,” as the Seattle Times reports, the new 777X jet’s carbon fiber composite wings “to hardness.” The Boeing Company provides more […]