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Washington State machinists union approves new Boeing contract



Boeing vice president and general manager of airplane development, Scott Francher speaks about the company's future airplane, the Boeing 777X (illustrated at back) during a press briefing at the Boeing Tokyo office on August 2, 2013. Francher announced the company's next generation Dreamliner line-ups.

In a very close vote -- 51 to 49 -- the powerful machinists union in Washington State agreed to a new, 8-year contract with Boeing. The contract keeps production in Washington, but the union conceded a lot of benefits in the deal.

For more on this we turn to Carolyn Adolph, economic reporter for KUOW in Seattle.

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