The head of Boeing's commercial aircraft division says
the state's business climate- heralded by SC politicos are how the state sealed the deal- had nothing to do with its choice of North Charleston.
He said Boeing didn't pick South Carolina for expansion last year because of Washington's tax rates or regulatory system. Nor was it a question of chasing low wages.
"The overriding factor was not the business climate. And it was not the wages we are paying today," Albaugh said. "It was that we can't afford to have a work stoppage every three years. And we can't afford to continue the rate of escalation of wages."
And he adds that when the corporation moves on to its next plane, he wants it built in Washington- not South Carolina. Which pretty much says once the Dreamliner peaks its market, Boeing may not need SC any more.
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