DARYN KAGAN, CNN ANCHOR: Boeing has some new wind beneath its wings: the Windy City, Chicago. The nation's aviation giant has chosen Chicago as its new headquarters. CNN's Lisa Leiter is in Chicago and has more on Boeing's big move -- Lisa.</s>LISA LEITER, CNN CORRESPONDENT: Thanks, Daryn. You're absolutely right, Chicago was chosen as the site of Boeing's new headquarters, Boeing saying, in statement just released, that they plan to be settled in by September 4 into a downtown skyscraper along the Chicago River. Boeing had also been considered Dallas and Denver. About seven weeks ago, it announced a very unusual and highly public search process. The company did not say in the statement why Chicago chosen over the other two cities, but of course, Chicago is centrally located and a major transportation hub, two things that Boeing was looking for. What Boeing did say in a statement -- I'm reading from it now -- was that it was a difficult decision and that no single factor made the difference. One thing that may have made the difference was money. The state offered more than $20 million in tax breaks to Boeing, and that was, by far, the sweetest deal of the three cities. Boeing will only bring about 500 jobs to Chicago. It will be far from an economic boom to the city, but it's certainly a huge boost to Chicago's image. The commercial airplane business and its tens of thousands of employees will remain in Seattle. Of course, we're, hopefully, going to get more details on all of this at a press conference this afternoon at 3:00 p.m. Eastern time at Midway Airport -- Daryn.</s>KAGAN: Lisa Leiter, in Chicago, thank you. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Boeing Chooses Chicago for Headquarters