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St. Louis, MO (KTRS) - It appears Boeing is looking to shed jobs in St. Louis.
 
 
An internal letter to employees surfaced Tuesday. In the letter, the aerospace giant said they need to trim another $2.1 billion in expenses to stay competitive. In order to meet this goal, Boeing is asking for the voluntary resignation of some non-union employees.
 
In response to the letter leaking,Boeing released a statement that said in part, "This is an option employees have requested in the past and provides the enterprise with another means toward better affordability for the customers of our products in a highly-competitive marketplace. We are committed to work with our customers to ensure continued quality and performance during this transition as employees volunteer for layoff.”
 
The letter offering voluntary layoffs was sent to more than 10,000 employees. 
Published in Local News
Monday, 24 February 2014 04:53

Boeing Machinist approve contract extension

   Boeing officials expect their new contract with machinists to help the aerospace company better compete for new business.  Members of Machinists District 837 approved a 7 1/2 year contract extension on Sunday.
   The new contract was approved by Boeing machinists Sunday.  It will buy out many veteran workers and cut pay for new hires brought in to replace them. Raises and benefits would also be locked in through mid 2022.
   Boeing officials have said the cut in expenses will allow assembly lines in St. Louis to remain more competitive beyond 2016, when the current F-18 Super Hornet order is due to be completed.  
   But some union members claim hundreds of older workers are being left out of the buyout, while having their pensions cut.  Paul Miller tells Fox 2 News that he's getting nothing from the new contract. "They got us broken up into three groups now," he said.  "And they're taking care of the new hires.  And they're taking care of the retirees.  But us group, the people that are here in middle, they're not taking care of us."
    Still, members of Machinists District 837 approved the contract extension with a nearly 3-1 margin. 
 
Published in Local News

   Boeing Machinists in St. Louis will vote Sunday on a new contract.  

   The tentative deal reached yesterday is designed to lower the cost of making fighter jets and avoid layoffs here.  The St. Louis Post-Dispatch reports that the deal sweetens buyouts for veteran workers and cuts wages for many future hires, while setting raises, bonuses and benefits through 2022.  

   Boeing officials say the changes are needed in order to reduce the cost of building the F/A 18 Super Hornet, with the hopes of keeping the line going after 2016.  

   The union vote comes one day before the Pentagon releases its next fiscal budget, which isn't expected to include any new Super Hornets for the Navy.  

   Boeing officials plan to ask Congress to add 20 new Super Hornets when they revised the budget. 

   

Published in Local News

   Boeing employees in St. Louis should know later this year if they're going to keep building F-18 Super Hornet fighter jets for the U.S. Navy after 2016.  

   The Navy had planned to switch over to the new F-35 Joint Strike Fighters built by Lockheed-Martin.  But the F-35 project has been plagued with delays, cost overruns and other problems.  So the omnibus spending bill signed into law last week (Jan. 17) contains a down payment of $75 million for 22 of Boeing's F-18s, even though the Navy didn't ask for them.  

   The law requires Navy officials to take another look at adding to the existing F-18 fleet as a hedge against more problems with the F-35.  

Published in Local News
Monday, 13 January 2014 12:06

Missouri was in late running for Boeing

JEFFERSON CITY, Mo. (AP) - Newly released documents show Missouri was in the running for a new Boeing assembly plant right up until the company decided to stay in Washington state.
 
Documents provided to The Associated Press on Monday under a Sunshine Law request show Boeing officials visited St. Louis on Dec. 28 to check out Missouri's proposal.
 
A follow-up visit was scheduled for Jan. 4. But that was cancelled after union members in Washington voted Jan. 3 to accept Boeing's contract proposal. The company then said it would build the 777X airplane there.
 
Boeing had not released a list of finalists for the project.
 
The documents show Missouri submitted three options to Boeing to assemble the wing or full plane at either of two locations near Lambert-St. Louis International Airpor
Published in Local News

JEFFERSON CITY, Mo. (AP) — Governor Jay Nixon says the incentive package Missouri offered Boeing showed the state is "ready to compete" in the global economy.

His statement came early Saturday morning, just after Boeing announced its new 777X airplane will be built in the Puget Sound region of Washington state. Boeing production workers agreed to concede some benefits in order for that to happen.

Nixon thanked the General Assembly, community colleges and local business and labor partners for the "nationally-recognized proposal," which had authorized up to $1.7 billion in tax incentives over two decades.

He also said that Boeing's decision last month to shift some research positions to Missouri is "proof positive" that the state is a "top destination for high-tech jobs and investment."

Published in Local News
Saturday, 04 January 2014 08:45

Boeing machinists OK contract tied to 777X

SEATTLE (AP) — Boeing machinists have approved a contract that would concede some pension and health care benefits in order to secure assembly of the company's new 777X airplane in the Puget Sound region.

The offer fractured the union and drew unusual pleas from local politicians who said the deal is necessary to support the region's economic future. Boeing had been exploring the prospect of building the 777X elsewhere, a move that could've triggered a steady exodus of aerospace jobs from a region where Boeing was founded.

Local union officials urged their 30,000 members to oppose the deal, arguing that the proposal surrenders too much at a time when the company is profitable.

After machinists rejected an initial proposal in November, Boeing received submissions for 54 locations in 22 states that wanted the 777X work.

Published in Local News
   SEATTLE (AP) - Boeing's contract proposal to machinists in the Puget Sound region would likely increase some workers' annual base salaries to more than $100,000 in the coming years.
   The offer going to a vote Friday would slow the growth of machinists' wages starting in 2016, but workers would still get regular cost-of-living adjustments and an additional one percent raise every other year.
   If historical cost-of-living changes continue, about 400 machinists in Washington state would surpass $100,000 in base pay in 2020, not counting shift differentials or overtime. The most common class of machinists would reach $82,000 at that point.
   Local union leaders are recommending that machinists reject the proposal, in part because it would slow how fast wages grow.
   But the contract would secure work on Boeing's new 777X in the region at a time when 22 states, including Missouri and Illinois are vying for those jobs.
 
Published in Local News
SEATTLE (AP) - Boeing has told local political leaders that this week's vote by Machinists will determine the fate of some jobs on the new 777X airplane.
 
In a press conference Monday morning, local politicians gathered in Everett to discuss the importance of approving the contract. They said Boeing executive Ray Conner told them in a meeting that the union vote will decide whether the new 777X composite wing is built in the region.
 
Conner told the politicians that an accepted contract will ensure that the wing work stays in the Puget Sound while a vote to reject the deal will ensure the jobs go elsewhere.
 
Kent Mayor Suzette Cooke says there is no other choice but to vote yes.
 
Local union leaders say the contract involves too many concessions, including a plan to shift workers away from traditional pensions.
 
Published in Local News
JEFFERSON CITY, Mo. (AP) - A Missouri panel's delay in approving millions of dollars in low-income housing tax credits has prompted bipartisan criticism.
 
The Missouri Housing Development Commission decided earlier this month to delay about $14 million annually in credits for developers to build apartments for low-income residents. The decision came shortly after Missouri lawmakers approved legislation authorizing up to $1.7 billion in tax incentives over two decades for Boeing Co. to build a plant in the St. Louis area.
 
The tax credits were linked informally to the Boeing incentives as part of negotiations between Democratic Gov. Jay Nixon and several Republican senators.
 
Republican Lt. Gov. Peter Kinder and Democratic Sen. Jamilah Nasheed said Monday there is no reason for the incentives to be linked.
 
A Nixon spokesman declined to comment.
 
Published in Local News
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