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SOUTH CAROLINA TO INVEST FURTHER IN BOEING PLANT

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SOUTH CAROLINA TO INVEST FURTHER IN BOEING PLANT

South Carolina has been asked to cover a $2.9 million shortfall for Boeing’s North Charleston plant that will assemble the 787. The state has already invested $275 million in startup costs and has granted close to $900 million in incentives.

The State Board for Technical and Comprehensive Education provided $3.1 million to cover initial training startup costs and $3.5 million to cover training through June 2011, but there is still a shortfall.

The state's financial oversight board will decide on the request on December 14.