Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Aerospace articles below.
Aero’s maintenance, repair and overhaul facility at Shreveport Regional Airport will serve commercial airline customers. Plans include a narrow-body hanger.
Production-related issues and order cancellations slowed the commercial aerospace sector last year, but long-term demand for passenger jets remains robust.
The project, which involves upgrades to nearly every building, will begin in early 2021 and is the largest investment ever made at a maintenance location in the airline’s history.
Over the next five years, the commercial airline will bring nearly 350 jobs to Williamson County, TN as it relocates the Operations Control Center (OCC) from Florida.
The Tennessee-based regional airline's new nonstop routes will create up to 55 new jobs in central Indiana by the end of 2023.
Axiom Space will build a privately funded platform that will attach to the International Space Station. The project will cost up to $2 billion and create approximately 1,000 jobs.
The 1 million-square-foot facility in the City of Mississauga will have the capacity to build up to 100 aircraft a year and will support thousands of jobs.
The company will create 475 jobs at a new subsidiary at North Carolina’s Global TransPark to recycle aircraft parts and materials.
The aircraft and helicopter engine manufacturer will expand its Bridgeport, WV facility for the maintenance, repair and overhaul of PW800 engines.
Israel Aerospace Industries Ltd. will invest in new headquarters operation and create more than 50 new jobs in Fairfax County, VA.
Mississippi has reduced the amount of capital investment and the minimum number of jobs required to receive aerospace and data center incentives.
The company has broken ground for its Long Range Fires Production Facility, the first of many expansions at the company's site in Camden that will create 326 jobs.
The aircraft manufacturer will invest $8 million in a new production facility in Norman, OK for its Commander single engine aircraft.
Preci-Dip will create 100 jobs at its new electronic connector pin manufacturing facility in Bryan County, GA.
April was a banner month for economic development in Arkansas, with a haul of more than $200 million in investment and more than 900 new jobs.
The aerospace company will make a multimillion-dollar investment to upgrade its existing facilities at the Oklahoma City Air Logistics Complex based at Tinker Air Force Base.
Over the next three years, the French company will create 130 jobs in Montréal to be closer to the city’s aerospace ecosystem and consolidate its North American operations.
The security and aerospace company will create 326 new jobs with the expansion of its center of excellence in Camden, AR.
Under Gov. John Bel Edwards, Louisiana has become a national leader in cyber security and a global leader in water management and coastal restoration.
The company will break ground on a new 82,000-square-foot production facility in Greensboro, NC this summer.
The company will also retain more than 1,100 jobs as it increases the capacity of its Allegany Ballistics Laboratory at Rocket Center, WV.
The new assembly line will allow Airbus to accelerate production of its A220 passenger jet and will increase its Mobile workforce by over 430 employees.