South Carolina Government Provided Corporate Welfare

OnePercenter

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Not that Boeing can't afford to buy the $49M piece of property. They only made 3.9B net last year, and $4.02B net in 2011.

Boeing earns $3.9 billion 2012 net profit | Operations content from ATWOnline

Boeing leases the 264 acres that its 787 final assembly plant sits on for $1 a year from the Charleston County Aviation Authority. The lease term on that land is up in 2025, when Boeing has the option to purchase it.
Boeing to lease more land in South Carolina for $1 per year | Reuters
 
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