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reply to post by schuyler
It is a setback, because instead of being able to use their already built facilities they're going to have to find a new place, build a new facility which is going to cost potentially billions, and it can potentially impact the time frame for the aircraft being built.
Of all the boeing plants at Seattle, Renton is my favorite...is Payne field going to change because of this ?
I don't like the way the new owner's pilots take the 777's outta there, it's too scary. ( they're afraid to push the gas, I swear ).....
ETA....the wing-dip on departure should be outlawed....
Some machinists in the Puget Sound region would likely see their annual base salaries top $100,000 in the coming years under a proposed contract offer from Boeing Co., according to an Associated Press analysis of the deal.
A group of top-level union workers at Boeing already earn more than $90,000 in base pay annually, not counting shift differentials, overtime or incentive payments, according to union wage tables. While the contract offer going to a vote Friday would slow the growth of machinists' wages starting in 2016, workers would still get regular cost-of-living adjustments, plus an extra 1 percent pay increase every other year.
Over the past decade, machinists received an average cost-of-living increase of about $600 per year, with the amount calculated based on federal government data. If that continues in the future, the base pay for about 400 machinists in Washington state, such as optical instrumentation technicians, would surpass six figures in 2020. More would exceed the $100,000 mark in 2023.
By 2020, experienced workers in the most common class of machinists, which includes mechanics and electricians, would earn about $82,000, up from about $73,000 today. Overtime and incentive pay can add thousands more to their earnings.
Salaries among machinists can vary widely, with 11 different pay grades depending on job categories. New hires can also make a lot less than their peers, but they typically jump to the maximum salary for their class within six years. Boeing had sought to slow how fast workers climb the pay scale in an initial contract proposal but has backed away from that effort in the company's latest offer.
"Tonight, Washington state secured its future as the aerospace capital of the world," Washington Gov. Jay Inslee said late Friday night.
Boeing quickly hailed the eight-year contract extension, affirming that under its terms, the 777X and its composite wing will be built in the Puget Sound area by Boeing employees represented by the Machinists union.