Boeing plans $1 billion expansion in S.C.

by Bruce Smith
April 9, 2013

    Boeing says it will spend $1B to expand its North Charleston, S.C., plant
    It is expected to create 2,000 jobs over 8 years
    The state could kick in $120 million worth of incentives

CHARLESTON, S.C. (AP) — Boeing announced Tuesday it is expanding in South Carolina, investing another $1 billion and creating 2,000 new jobs over eight years.

"Boeing is now a part of the fabric of South Carolina. So this is family and when family does well, we all get excited," Gov. Nikki Haley said at an aerospace conference along with Boeing and state officials.

The state is providing $120 million in incentives for upfront expansion costs such as utilities and site preparation at Boeing's North Charleston manufacturing complex that now employs about 6,000.

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