Opinion The Elephant in the Room With the Boeing Deal Though North Carolina had three of the 54 cities included on a list of potential manufacturing locations, the whole process was based on an economic development illusion. Michael Lowrey
News Boeing Offer Was At least $93M RALEIGH — North Carolina offered Boeing at least $93 million in incentives to build the aircraft company’s proposed 7E7 Dreamliner at the Global TransPark in Kinston, a state Commerce Department official said Friday. The incentives, offered under the William S. Lee economic development act, included estimated tax credits of $65 million and $28 million for a job development investment grant. The grant carried a requirement that Boeing provide 1,200 jobs if the company built its plant at Kinston. Richard Wagner