HeraldNet: Some don't like S.C.'s "secret" Boeing deal



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Aerospace Blog

November 5, 2009

Some don't like S.C.'s "secret" Boeing deal

Posted at 10:31 am by Michelle Dunlop

South Carolina put up $450 million in incentives to land the Boeing Co.'s second 787 production line.

But the full details of the state's deal with Boeing may not be made public to the residents of South Carolina for a year, reports The Post and Courier.

Some people in South Carolina aren't happy about the state's deal with Boeing or the lack of transparency.

Read the South Carolina Policy Council's initial response to Boeing's announcement.

“Boeing's decision to expand in South Carolina is good news. Unfortunately, South Carolina taxpayers will have to pay them to do it,” said Ashley Landess, president of the council. “Clearly, legislative leaders misled the public and rank-and-file lawmakers about the purpose of this special session. … A handful of politicians crafted a secret deal to take money from South Carolina businesses and taxpayers and give it to a billion dollar company.”

Here's more from the council on “Boeing's bailout.”

A couple South Carolina lawmakers have responded to the South Carolina Policy Council's claims.

Washington residents won't be too surprised to hear that portions of the S.C. deal with Boeing aren't being made public. When Washington lawmakers passed more than $3 billion in incentives to land Boeing's first 787 line, they agreed to black out some of the agreement, saying that the information was confidential to Boeing.

COMMENTS

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Comment
There are reasons business is done behind closed doors. Just ask your man Obama.
Ron Collins | Nov 6, 2009 4:29 am | 0 replies | Request removal

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I'll donate $20
to move Tim Eyman to Myrtle Beach, SC & he can start an Initiative to gut the Boeing tax credits - because they'll be paid for by property & car taxes...
Jeff Craig | Nov 5, 2009 10:44 pm | 0 replies | Request removal

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The BOEING CROOKS
What a bunch of crooks,,..
SC wanted to sleep with a whoring company and the are!!. Too bad. I said it before,, both states should have gotten together & really stuck it to BOEING and made them pay their FAIR SHARE, nothing more nothing less..

The quit being a company of engineers and have bee run by number pusher for a decade or more..

This in not news, just same ole-same ole..
j arrabito | Nov 5, 2009 3:52 pm | 1 replies | Request removal

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We are in a race to the bottom
Better a scab job than no job?
bill wald | Nov 5, 2009 11:11 am | 0 replies | Request removal

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Get used to it taxpayers of S.C
Meanwhile the top dogs are making a plane load of money off of their stock holdings and over paid/under performed salary's....corp greed in progress.
kenneth pettingill | Nov 5, 2009 10:59 am | 0 replies | Request removal

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