Economic Development News
Tuesday, October 09 2018
Photo Caption: Representatives of the TCAA; the Cities of Bristol, Kingsport and Johnson City, Tennessee; and Sullivan County and Washington County, Tennessee; as well as State of Tennessee officials celebrate the next phase of development for Aerospace Park.
Blountville, TN – Community leaders and construction vehicles were on site at Tri-Cities Airport setting the stage for the next phase of Aerospace Park site development.
Site construction in Aerospace Park will begin tomorrow and is scheduled to be completed in late fall 2020. Once this phase of construction is complete, Aerospace Park will have a total of 105 acres ready for immediate development.
Aerospace Park already offers 32 acres ready for development. TCAA staff continue to heavily promote the current availability of the site to target industries. The completion of each phase of Aerospace Park development has offered additional promotional benefits and recognition for the site.
Thursday, September 06 2018
Little Rock, AR — Aerojet Rocketdyne, a leader in the development and manufacture of aerospace and defense products, announced plans to expand its Southern Arkansas facility near Camden, where the company manufactures solid rocket motors and warheads critical to national defense.
Aerojet Rocketdyne’s currently envisioned expansion plans include investing in new infrastructure and creating more than 140 new jobs over the next three years. The growth would bring total employment to approximately 900 employees at the facility. Working in partnership with Arkansas Economic Development Commission (AEDC), Calhoun and Ouachita Counties, more than $50 million dollars will be invested in the expansion.
Tuesday, July 31 2018
Lead AQST Space Systems is moving its headquarters from Puerto Rico to Mesa's Falcon District and expects to hire up to 125 employees over the next three years
Mesa, AZ — AQST Space Systems announced the company is moving its headquarters from Puerto Rico to Mesa, Arizona. The company plans to manufacture and assemble rockets for small satellites and expects to begin production by the end of 2018.
The aerospace systems technologies solutions company has secured space for headquarters operations at Falcon Field Airport in the City of Mesa’s Falcon District, and plans to acquire additional space for its manufacturing operations. AQST expects to hire up to 125 employees, including engineers, welders, technicians, satellite operators, data scientist managers and other support personnel over the next three years.
Tuesday, April 24 2018
Savannah, GA — Governor Nathan Deal announced that Gulfstream Aerospace Corp., the world’s leading business jet manufacturer, will create 200 jobs and invest $55 million in an expansion of its service center operations in Savannah. New jobs will include positions in Gulfstream’s service and support organization.
Tuesday, April 17 2018
Wilmington, OH — The Wilmington Air Park has once again earned its Federal Aviation Administration (FAA) Part 139 Certification, affirming that the airport facilities, infrastructure, staffing, and operations protocols are on par with other large airports around the country.
“This certification is important to maintain for both our current and future aviation tenants,” said Dan Evers, Executive Director of the Clinton County Port Authority. “It confirms a high level of readiness, best practices, and aviation infrastructure for airlines that would be considering operations at the Wilmington Air Park.”
Experience 1920s Luxury Aviation When EAA's Ford Tri-Motor Tour Stops at Port of South Louisiana Executive Regional Airport
Wednesday, February 21 2018
Reserve, LA — The Port of South Louisiana Executive Regional Airport (KAPS) will serve as host of the Ford Tri-Motor Tour Stop along with our local EAA Chapter #971 on April 26th through the 29th at the airport in Reserve, Louisiana. Lamarque Ford in Kenner, Louisiana will serve as the title sponsor of the event. “We are excited to be bringing this part of history right here to the Port of South Louisiana Executive Regional Airport,” said Paul Aucoin, executive director, “and we are grateful that Lamarque Ford has chosen to sponsor this event.”
The Ford Tri-Motor or the “Tin Goose” was first built by the Ford Motor Company in the late 1920s. EAA’s Ford Tri-Motor was constructed in 1929 and has an intriguing history, with roles ranging from service as a Cuban airliner to an extensive background fighting forest fires while transporting smoke jumpers.
Tuesday, May 16 2017
Wilmington, OH — The Wilmington Air Park has once again earned its Federal Aviation Administration (FAA) Part 139 Certification, recognizing that the airport facilities, staffing, operations and infrastructure are on par with other large airports around the country.
Thursday, September 22 2016
Asheville, NC -- Avadim Technologies Inc. is planning an expansion that will create 551 new jobs and $25,400,000 in capital investment in Buncombe County over the next five years.
The company will also build a new corporate headquarters in Black Mountain Commerce Park, the company announced Wednesday, in conjunction with the Buncombe County Commission and the Economic Development Coalition for Asheville-Buncombe County.
Addressing gaps in global health such as infection, neuromuscular disorders, and wound care, Avadim is a Buncombe County-based life sciences company that launched in 2007.