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Old 13th Dec 2013, 21:41
  #68 (permalink)  
riff_raff
 
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"Bell to build helicopter assembly plant in Lafayette"

The title of that article is a bit misleading. Louisiana taxpayers are actually the ones building the plant. Bell will simply be making use of it. The state is contributing 3 times as much financial support to the facility as Bell is. The SLS will likely be a very successful product for Bell, and the Lafayette plant should remain in operation for a long time. But the state is spending $34M to add 251 jobs ($135K per job), which does not seem like an efficient use of taxpayer money. On the other hand, this a great deal for Bell and TXT shareholders.
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