For Multifamily Executive, Hamilton Zanze CEO Kurt Houtkooper details the reasons for optimism about the multifamily market and his company’s plans for 2024.Read
Machinists Approve Boeing Contract to Build 777X in Washington
In a surprising turnaround, the Machinists union voted to accept Boeing’s contract offer to build the new 777X jetliner in the Puget Sound area. The vote, which was won by a narrow margin of 51%, represents a dramatic shift in sentiment from eight weeks ago, when the 31,000-member union overwhelmingly rejected Boeing’s previous offer. Since then, the aeronautics company has added $1 billion to the deal, in addition to conducting a highly publicized search for other potential manufacturing sites around the country.
“Tonight, Washington state secured its future as the aerospace capital of the world,” Governor Jay Inslee praised the new contract. “To make that happen, the International Association of Machinists District 751 took a hard vote that demands the respect of all Washingtonians who will benefit from having Boeing build the 777X here.”
Read more at Puget Sound Business Journal