500 Jobs: Boeing Announces St. Louis Investment, Future Aerospace Program
ST. LOUIS - Boeing has announced its future aerospace program would be a $2 billion investment in St. Louis which would create 500 jobs. The company will seek tax breaks and Boeing is in discussions with St. Louis International Airport about the expansion. St. Louis County Executive Sam Page issued this statement: “This project will reinforce our dominance as a region that builds the future of aviation, creates pathways to exciting careers, and showcases the pride and talent of St. Louis County.” Boeing would receive tax breaks on the expansion that would amount to a 50% break on real and personal property tax for 10 years if St. Louis County approves the proposal. There would be no tax breaks on existing taxes. Boeing announced on Monday it is deepening support of the International Civil Aviation Organization (ICAO) and its efforts to promote aerospace safety, security and sustainability. The company today named its first liaison to the United Nations agency, which is
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