Is Boeing’s 777X On Its Way Back to Washington State?
Just when it looked like Boeing (NYSE:BA) was ready to move construction of its new 777X jetliners out of Washington state, it looks like a vote will help to determine whether the planemaker stays in the state where it has built its 777 jetliners for decades.
On January 3, union members in the International Association of Machinists will vote on whether to accept or reject Boeing’s latest offer sheet, which union leaders resoundingly rejected earlier this month without a vote from members, Reuters reports. According to Boeing, the company’s latest offer remains valid and it shot down rumors that its latest offer was pulled because local leaders had rejected it.
“The terms of Boeing’s enhanced contract offer to the IAM on December 12 stand,” Boeing spokesman Doug Alder told Reuters via email. “If ratified by the membership, Boeing would honor that contract.”