Boeing incentives package in Oklahoma City set to increase to $6.3 million

Boeing Co. is moving 265 less aircraft maintenance jobs than anticipated to Oklahoma City from operations in Long Beach, Calif., but is proceeding with a plan to move up to 900 engineering jobs from a plant closing in Wichita, Kan.

 
By Steve Lackmeyer | Published: January 19, 2013    Comment on this article Leave a comment

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Another $4.5 million incentive package is being proposed for between 800 and 900 engineering jobs being moved from Wichita. Bryant estimated those payments, if approved, won't begin for another couple years due to an extended ramp up of those operations.

“We are on plan and the bulk of jobs will be placed this year for the Wichita portion,” Hogan said. “So you will see more activity on that in the coming months. Our current head count is about 1,300. We have grown 500 jobs since our initial announcement in 2010. Our plan is be at approximately 2,000 by end of 2013.”

Boeing's expansion in Oklahoma City has coincided with its effort to consolidate operations, cut costs and respond to possible defense department budget reductions.

With average salaries topping $84,000, the jobs remain a big win for Oklahoma City, said Kurt Foreman, executive vice president of economic development at the Greater Oklahoma City Chamber.

“Boeing is a long-term company we want to have in our market,” Foreman said. “And the jobs they create are the type communities want to have.”

Foreman said he also still anticipates other vendors that work with Boeing will expand their presence in Oklahoma City — but at a slower rate due to uncertainty with federal budget negotiations.

“With the potential threats to people doing business, they don't want to run ahead of things,” Foreman said. “We're seeing people interested in the market, but jogging instead of running.”

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