LOS ANGELES — Boeing could decide to pursue out-of-state manufacturing locations after its union workers in Washington State rejected a contract extension, which would be a credit negative for the state and the Puget Sound region, according to a report from Moody's Investors Service.

The aircraft manufacturing company's machinists rejected the offer on Nov. 13, increasing the likelihood of a new location for production of Boeing's new 777X jetliners.

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