Big news for Boeing and for Real Estate in the area – Seattle Real Estate – Renton Homes- Seattle Housing -http://www.ThachRealEstateGroup.com

Big day at Boeing: Contract flies
Both union and company leadership are portraying the deal as a watershed moment — a complete break with the distrust and hostility of the past that should transform future relations between Boeing and its Puget Sound-area production workforce.

By Dominic Gates
Seattle Times aerospace reporter
Boeing’s Machinists voted overwhelmingly Wednesday to approve the deal announced a week ago,
providing an immediate economic boost and the prospect of aerospace job security in the Puget Sound region.

The vote was 74 percent in favor, sealing five years of labor peace for Boeing by extending the current
Machinists contract to September 2016.
In that period, Boeing plans to pump out jets at unprecedented rates. Beyond that, the deal commits
Boeing to build the new version of its single-aisle jet due to enter service in 2017 — the 737 MAX — in Renton.

Last month, a report commissioned by Gov. Chris Gregoire estimated that 8,000 direct jobs and another 12,000 indirect jobs in Washington state were at stake with the MAX decision, as well as $500 million a year in tax revenue.

via Seattle Times

This is great news for the city and the residents in the area. If you are thinking of moving or buying a home this is great news for not only the employees but for everyone.

Posted via Seattle Real Estate-Seattle Homes For Sale