Now that 777X stays, what hold does Wash. have on Boeing?

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by GLENN FARLEY / KING 5 News Aviation Specialist

NWCN.com

Posted on January 8, 2014 at 3:58 PM

Updated Wednesday, Jan 8 at 4:01 PM

SEATTLE -- Rep. Reuven Carlyle is considered the architect of the $8.7 billion tax incentive package offered by the State of Washington in exchange for Boeing building the 777X in Washington.

In this interview, the Democrat Carlyle from Seattle's 36th district details how provisions of the tax package keep Boeing from setting up a second 777 production line in another state. He also explains how the assembly and wing production will have to stay here as the state prepares to extend the tax incentives to 2040. Restrictions have tightened in the wake of the incentives initially granted in 2003 to win the Boeing 787.

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