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Gov. Gregoire Speaks at Aerospace Summit

One of the nation’s leading aerospace associations, AFA (Aerospace Futures Alliance) of Washington State was given the Aerospace summit at the Davenport Hotel in Spokane, WA. for 3rd Annual Governor's Aerospace Summit on October 6th-7th, 2009. About 200 aerospace executives attended to discus The Business Case for Consolidating Boeing 787 Assembly in Washington," and other advantages for the aerospace industry in Washington state. See the following from Office of Governor Chris Gregoire FOR IMMEDIATE RELEASE - October 7, 2008.

Governor Gregoire speaks at aerospace summit

For Immediate Release: October 7, 2009

SPOKANE - Gov. Chris Gregoire today joined more than 200 aerospace executives at the 3rd annual Governor's Aerospace Summit in Spokane, where she discussed "The Business Case for Consolidating Boeing 787 Assembly in Washington," and other advantages for the aerospace industry in Washington state.

"In Washington, we've built a home that encourages aerospace," Gregoire said. "Our basic taxes, including property, sales and business and occupation taxes are below or very near the comparable taxes in our competitor states. We've reduced the B&O tax rate for aerospace, and created credits for new buildings, new machinery, and land used for manufacturing to ensure our aerospace companies statewide succeed."

At the summit, Gregoire pledged to work with the aerospace industry to address training programs and improve the state's workers compensation system.

Gregoire also said she would propose extending a tax credit granted to FAA-certified repair stations to 2024. The current tax credit is set to expire in 2011. This complements the up to $3.4 billion in incentives already enacted for the aerospace industry.

"I am personally committed to making sure we remain the best place in the country for aerospace," Gregoire said. "I am working closely with the Legislature to make sure we are doing everything we can to attract and keep aerospace business."

Gregoire emphasized the strong unemployment insurance system in Washington, contrasting it with states that have bankrupt systems. "In South Carolina, for instance, their Board of Economic Advisors Chairman recently said the state is borrowing $16 million a week from the federal government, and will be $750 million in debt by the end of the year. Instead of borrowing, their fund should have more than $1 billion in reserve. That's a hole of almost $2 billion they will need to fill by raising taxes."

The governor and Legislature enacted reforms to the unemployment insurance system earlier that reduced employer costs by more than $300 million when compared to costs without the changes.

Washington state is now home to nearly 650 aerospace companies statewide. To ensure that Washington remains the leading location in the world in which to design and build airplanes, Gregoire in May signed an executive order creating the Washington Council on Aerospace. The council has been charged with providing advice to the governor and Legislature on how Washington can improve its attractiveness to the aerospace industry. The council is also responsible for streamlining aerospace training programs at the state's community and technical colleges, and four-year universities.

Following the summit, Gregoire toured the Spokane Community College Aviation Maintenance Program, which prepares students for airframe and power plant certification. This certification allows individuals to pursue careers with commercial airlines as repair specialists. Currently, 110 students are enrolled in the program.

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When the Washington State compares with the South Carolina, it is already leading by the aerospace industries far more than 5 times when you see the profile Aerospace Companies in South Carolina compare to 42 companies in profile Vs Washington State 201. Washington State is the most working close together with the communities and the working industries including aerospace industries. In the United States of America, the Department of Defense and the National Aeronautics and Space Administration (NASA) are the two largest consumers of aerospace technology and products. Others include the very large airline industry.

The aerospace industry employed 472,000 wage and salary workers in 2006. Most of those jobs were in Washington state and in California, with Missouri and Texas also important. It is very critical to have the locations of the civilian aerospace industry worldwide keeping in Washington State due to the largest manufacture is in Everett with the best support of Legislature in order to keep everything aerospace business, especially when you have the regulations to keep up for the Aerospace parts and suppliers industries safely purpose.

It is important to recognize that the aircraft parts industry was born out of the sale of secondhand or used aircraft parts from the aerospace manufacture sector. Within the United States there is a specific process that parts brokers or resellers must follow. This includes leveraging a certified repair station to overhaul and "tag" a part. This certification guarantees that a part was repaired or overhauled to meet OEM specifications. Once a part is overhauled its value is determined from the supply and demand of the aerospace market. When an airline has an aircraft on the ground, the part that the airline requires to get the plane back into service becomes invaluable. This can drive the market for specific parts. There are several online marketplaces that assist with the commodity selling of aircraft parts. Those regulations and safety regulations already built in history and legacy carries for a long time to support.........in Washington State. Making different location to start is in a critical path to creating and start degrading the company.

Washington State is already built in foundation and safely regulation of the aerospace industries like what Bill Boeing started in Seattle from Red Barn which is major aerospace and defense corporation, founded by William E. Boeing in Seattle, Washington in 1916. Now the Boeing is the largest global aircraft manufacturer by revenue, orders and deliveries, and the second largest aerospace and defense contractor in the world. Boeing is the largest exporter by value in the United States. Its stock is a component of the Dow Jones Industrial Average and employees the most by 76,234 of Total 163,851 employees in Boeing company.

Governor Chris Gregoire is ensure that Washington has the best training program and highly-skilled, well-educated employees for the aerospace industries to remain the best place in the country for aerospace," She is working closely with the Legislature and continue to make sure that Washington State doing the best as possible for everything to attract and keep aerospace business.

Resources:

Washington State Supplier

Aerospace industries profile

Wikipedia

Washington State, Governor Chris Gregoire

Reported by catch4all.com, Sandra Englund, October 8th, 2009

 

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