Pennsylvania plans to join a high-stakes competition for the chance to assemble the Boeing Co.’s new 777X jet, a competition that likely will require the players to pony up tax breaks and other economic incentives in hopes of winning.
The commonwealth intends to submit a proposal to Boeing by the deadline today in a bid to land the jetliner’s production and lure thousands of well-paying jobs from Everett, Wash.
“Any time there’s an opportunity to attract jobs and investment to the commonwealth, we’re certainly going to do that,” said Steven Kratz, spokesman for the state Department of Community and Economic Development.
But Pennsylvania hardly is alone. The competition for the assembly plant — and the 8,500 jobs it could create at its peak — is likely to be fierce. As many as 12 to 15 states received invitations from the Chicago-based jet manufacturer to bid for the plant, with the goal to start production of the 777X in 2017.