Officials at Boeing and the governor of Washington state are hailing yesterday's vote by production workers at the aviation giant.
Some machinists in the Puget Sound region would likely see their annual base salaries top $100,000 in the coming years under a proposed contract offer from Boeing Co., according to an Associated Press analysis of the deal.
The national union chief who has forced a vote on a pension-freezing Boeing contract proposal once called those retirement plans sacred and derided alternatives as risky.
Boeing Co. told political leaders in the Puget Sound on Monday that this week's vote by Machinists will determine the fate of some jobs on the new 777X airplane.
Gov. Jay Inslee has personally met with an Airbus executive to discuss how Washington state and the Boeing rival can work together.
The national headquarters of the Machinists union is forcing a vote on the revised 777X contract extension offer from Boeing.
A top Boeing official said Thursday that 2013 was a transitional year for the aeronautics giant in South Carolina and also urged the state to spend more on math and science training in its schools.
Boeing is promoting Dennis A. Muilenburg to president and chief operating officer.
Even as they try desperately to hang on to Boeing Co., officials in Washington state have been courting the main competitor of the aerospace giant.
The Boeing Co. said Monday that its board of directors approved a $10 billion increase in its stock buyback program. The aircraft maker will also raise its quarterly dividend payment by about 50 percent.
Political pressure is building in support of letting Puget Sound machinists vote on a Boeing contract proposal in high-stakes negotiations to keep thousands of jobs in Washington state.
Boeing's presence in South Carolina is getting bigger. The company says it has acquired more land in North Charleston, the city where some 787s are built.
Washington Gov. Jay Inslee is calling on the Machinists union to have members vote on a contract proposal from Boeing Co.
Boeing and the Machinists union remain at an impasse following a proposal that would have kept much of the 777X work in the Puget Sound area.
Boeing is expected to respond Thursday to a Machinists union proposal that would keep much of the 777X work in the Puget Sound.