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Archive for Wednesday, January 4, 2012

Expert sees Kansas recovering from Boeing decision

January 4, 2012

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— A Wichita State University official who follows the aviation industry sees Boeing's planned closing of its defense plant in the city as more of a psychological blow than an economic one.

Jeremy Hill directs the Center for Economic Development and Business Research at Wichita State. Hill said Wednesday there's likely to be a short-term dip in consumer confidence in the area.

But he also says the area's economy can probably provide jobs for the 2,160 workers who will be laid off by the time the Boeing plant closes at the end of 2013.

Hill said there's growth in commercial aviation, and most of the workers are likely to stay in the Wichita area. He also said local officials also can market Boeing's facilities for other companies.

Comments

imastinker 2 years, 3 months ago

Last I heard, Spirit Aero Systems is completely swamped in Wichita and completely unable to handle it's orders from Boeing for fuselages on 737's. They are looking to expand into another facility and their orders have more than doubled in the last year - to nearly 2 per day! Boeing may have pulled out, but the work is still there.

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toe 2 years, 3 months ago

Kansas is a nice agricultural state that benefited greatly from World War 2. But, after 70 years it is time to plow up the runways and get back to agriculture. Kansas, the state that feeds the world. I think we can make good money. Perhaps we should push for a large John Deere factory in Wichita.

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guess_again 2 years, 3 months ago

A list of recent tax give-aways to Boeing from the state legislature. This included allowing Boeing to keep the state taxes paid by all of its employees:

http://t.co/Q4rSoRzh

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sunny 2 years, 3 months ago

Twelve...how exactly is this Sams fault?

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rooster 2 years, 3 months ago

2160 jobs making a FRACTION of what Boeing pays and without benefits.

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The_Twelve 2 years, 3 months ago

The area "can probably" provide jobs....just like it has provided me a job: PT, minimum wage, horrible hours. Maybe Boeing officials didn't exactly get their way on Sam's secret tax committee. And I guess we shouldn't listen to what his "jobs creation" committee has to say, since Boeing officials were sitting in on that one, too. More like: talk to Boeing if you want to lose jobs! But....Sam and the other Rep legislators will bow down to this economic blackmail and find a way to cut a nice, tax-relieving deal that will cost the rest of us millions for decades. What does this mean for KU's AE program??? What spin will King Sam put on this?

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WilburM 2 years, 3 months ago

Scarcely "just" 2160 jobs. What about suppliers, service firms, and all the consumer firms that will suffer. This seems a lot like whistling past the graveyard.

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Fossick 2 years, 3 months ago

No, no, he needs to blame Brownback or Obama. Nothing is allowed to happen that is not a) unrecoverable, and b) the fault of a politician in the other party.

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