The Smurfit-Stone building in downtown Chicago, a well-known fixture of the city's skyline. Smurfit-Stone, headquartered in Chicago and Creve Coeur, Mo. will be acquired by RockTenn of Norcross, Ga. (via Flickr/Chronochaser)
A China Eastern Airlines airplane taking off in Seattle in 2007. The Midwest-China Hub Commission announced today that China Eastern has agreed to open up talks with Lambert-St. Louis International Airport. (via Flickr/boeingdreamscape)
The Boeing Phantom Ray unmanned airborne system (UAS), just one of the models of aircraft Boeing produces, during an unveiling ceremony in St. Louis on May 10, 2010. Reports state China will announce deals today including one to buy 200 Boeing airplanes.
A senior administration official says China will announce deals Wednesday to purchase $45 billion in U.S.
exports, including a $19 billion agreement to buy 200 Boeing airplanes, according to the Associated Press.
The official says the deal will create 235,000 jobs in the U.S.
It is important to note, however, that these planes will be commercial aircraft. Moreover, the St. Louis division of Boeing, which produces military aircraft, is unlikely to benefit directly from today's deal.
Mo. Gov. Jay Nixon (R), on Jan. 18, 2010, discusses the agreement that states the Ford Motor Company will invest hundreds of millions of dollars over the next two years to produce a new line of vehicles at its Claycomo, Mo. plant. (UPI/Bill Greenblatt)