From The (Charleston) Post & Courier: Boeing will nearly triple its footprint near Charleston International Airport with the acquisition of even more land than expected in a $49 million deal being announced today, The Post and Courier has learned.
The 468-acre land purchase Boeing will make through an arm of the S.C. Commerce Department comes one day after the Chicago-based aerospace giant announced hundreds of new research jobs for the Charleston area, and analysts believe the land deal paves the way for Boeing to eventually move all 787 production to North Charleston.
Boeing declined to comment on the speculation about the purchase of land from the Charleston County Aviation Authority and Truluck Properties.
"This expansion makes future growth in North Charleston possible," said Jack Jones, vice president and general manager of Boeing South Carolina. "While we expect to begin the permitting process immediately for this property, we have no specific plans for the land other than where we will locate the new paint facility."