Nexsen Pruet Plays Key Role in Deal to Bring Boeing to South Carolina
October 28, 2009
COLUMBIA, SC – October 28, 2009 – Nexsen Pruet attorneys played a key role in the negotiations between The Boeing Company and the State of South Carolina.
Led by Leighton Lord and Billy Wilkins, the firm’s Economic Development team, including Ric Tapp and Burnie Maybank, worked with Boeing officials to negotiate the incentives package approved by the South Carolina legislature.
Under the deal, Boeing would invest $750 million and create several thousand jobs in North Charleston over the next seven years.
“The Nexsen Pruet team provided invaluable advice and assistance to The Boeing Company as we worked our way through the legislative and executive processes in the State of South Carolina,” said J. Michael Luttig, Executive Vice President and General Counsel of The Boeing Company.
The new Boeing facility will help produce the 787 Dreamliner.
“This is the most important economic development project in our state’s history,” said Leighton Lord who is Nexsen Pruet’s board chairman. “It was a privilege to represent The Boeing Company in this matter.”
“We’ve all seen the tremendous economic impact the BMW facility has had on the Upstate, and indeed, the rest of the state since it opened in the early 1990s,” said Billy Wilkins, who is a former Chief Judge of the U.S. Court of Appeals for the Fourth Circuit. “I fully expect Boeing will have the same – if not a greater – positive economic impact on South Carolina.”
Today’s historic announcement could not have taken place without the complete commitment of the South Carolina General Assembly and Executive Branch.
Nexsen Pruet, LLC
Nexsen Pruet, LLC is one of the largest law firms in the Carolinas. For more than 20 years, Nexsen Pruet’s economic development attorneys have helped hundreds of national and international companies locate and expand in the Carolinas. For further information, see www.nexsenpruet.com
