Chicago loses Boeing- to Virginia

[JustRalph]

Makes me smile


https://hotair.com/jazz-shaw/2022/05...hicago-n467929


“ Boeing, the world’s third-largest defense contractor and a famous maker of passenger jets, is moving its headquarters from Chicago to Arlington, Va.

The move comes as Chicago is increasingly ravaged by crime and random drive-by shootings in the middle of downtown. In recent weeks, the theater district in downtown Chicago has had to shut down plays because the area has become so unsafe at night.

Crime in Chicago is up 35 percent this year compared with the same period in 2021. Theft is up by 67 percent.”

[Elkchester Road]

Originally Posted by JustRalph

Makes me smile


https://hotair.com/jazz-shaw/2022/05...hicago-n467929


“ Boeing, the world’s third-largest defense contractor and a famous maker of passenger jets, is moving its headquarters from Chicago to Arlington, Va.

The move comes as Chicago is increasingly ravaged by crime and random drive-by shootings in the middle of downtown. In recent weeks, the theater district in downtown Chicago has had to shut down plays because the area has become so unsafe at night.

Crime in Chicago is up 35 percent this year compared with the same period in 2021. Theft is up by 67 percent.”

Good.

Ralph

[davew]

Lori Lightfoot is gearing up for their abortion tourism campaign, so will cover any perceived loss from Boeing leaving.

[Striker]

Their tax incentive package expired in 2021 from the deal that was orchestrated for them to come to Chicago in 2001. Add in Illinois isn’t really a business friendly climate with JB running the show, and Boeing also wanted to be closer to DC for the federal contracts they always are involved in.

[JustRalph]

Originally Posted by Striker

Their tax incentive package expired in 2021 from the deal that was orchestrated for them to come to Chicago in 2001. Add in Illinois isn’t really a business friendly climate with JB running the show, and Boeing also wanted to be closer to DC for the federal contracts they always are involved in.

This part I believe. Never thought of that point. Thanks!

[ranchwest]

Originally Posted by Striker

Their tax incentive package expired in 2021 from the deal that was orchestrated for them to come to Chicago in 2001. Add in Illinois isn’t really a business friendly climate with JB running the show, and Boeing also wanted to be closer to DC for the federal contracts they always are involved in.

Boeing has a long history of obtaining tax incentives and leaving as soon as the incentive expires. That's probably the primary driving factor, as it has been in the past.