Skip to main content
#
 
rss feedemail usour twitterour facebook page pintrestlinkdin
Home
Economic Development News
Magazine
Conference & Expo List
Target Industry Directory
Advertise With Us
About Us



 Economic Development News 
Wednesday, November 20 2019

Israel Aerospace Industries Ltd. to invest in new headquarters operation and create more than 50 new jobs

Tel Aviv, Israel -- Governor Ralph Northam announced that Israel Aerospace Industries Ltd. (IAI), Israel’s largest aerospace and defense company, will expand its North American headquarters operation at a new location in Fairfax County. The Governor made the announcement following a meeting with IAI officials in Tel Aviv during his international trade and marketing mission to Israel and the United Arab Emirates. The project will bring more than 50 new jobs to Fairfax County.

“As the largest aerospace and defense manufacturer in Israel, IAI’s decision to expand its headquarters here reinforces that Virginia is a prime location for global companies seeking growth in North American markets,” said Governor Northam. “The Commonwealth is home to more than 780 internationally-owned businesses and continues to attract technology and innovation leaders like IAI. This important project demonstrates the long-term benefits of building corporate partnerships and telling Virginia’s business story around the world. I am grateful for the opportunity to meet with IAI officials in Tel Aviv to discuss ways we can strengthen economic ties between Virginia and Israel.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:45 am   |  Permalink   |  Email
Thursday, January 17 2019
  • Project will generate private investment of $42.8 million
  • Company adding nonstop service to two new cities
  • Location key to company’s strategic growth

Lansing, MI — Allegiant Air, LLC, a provider of nonstop air service to 120 popular destinations in the United States, plans to expand its operations at Gerald R. Ford International Airport in Grand Rapids, the Michigan Economic Development Corporation announced.

The project is expected to generate a total capital investment of more than $42.8 million and create at least 66 permanent jobs, resulting in a $200,000 Michigan Business Development Program performance-based grant from the Michigan Strategic Fund. Michigan was chosen over competing airports in several other states.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 01:45 pm   |  Permalink   |  Email
Friday, December 21 2018

140,700 Square Feet Leased to Two Companies

Wilmington, OH -- The Clinton County Port Authority (Port Authority) Board of Directors recently approved three facility leases representing nearly 140,700 square feet of space in three buildings at the Wilmington Air Park.

“These leases are with businesses currently at the Air Park,” said Dan Evers, Executive Director of the Clinton County Port Authority. “Their businesses are growing, and we are glad to accommodate that.”

Airborne Maintenance and Engineering Services (AMES), a division of Air Transport Services Group (ATSG) has leased over 15,000 square feet in the building immediately adjacent to the newest hangar. The Port Authority and AMES are working together to complete some building upgrades and modifications to support their expected operations.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:38 am   |  Permalink   |  Email
Tuesday, October 09 2018
TCAA Celebrates Aerospace Park Groundbreaking

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.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:36 am   |  Permalink   |  Email
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.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:34 am   |  Permalink   |  Email
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.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 01:48 pm   |  Permalink   |  Email
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.
 
“Aerospace products are currently the No. 1 export for our state largely due to the growth and expansion of industry leaders such as Gulfstream who call Georgia home,” said Deal. “Georgia’s record-breaking ports system serves as a premier gateway to the Southeastern market and beyond and our skilled workforce provides a robust foundation for Gulfstream’s continued growth. With our logistics infrastructure, as well as our transportation network and digital assets, Gulfstream will continue to enhance the services offered to its worldwide customer base. We appreciate Gulfstream’s continued investment in Georgia over the past five decades and look forward to strengthening this partnership in the years to come.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:35 am   |  Permalink   |  Email
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.
 
Airport operating certificates serve to ensure safety in airport transportation. An airport, in order to secure this certification from the FAA, must implement and maintain a significant level of operational and safety standards and provide for such things as on-site firefighting and rescue equipment and personnel.  

“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.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 01:39 pm   |  Permalink   |  Email
Wednesday, February 21 2018
Experience 1920s Luxury Aviation When EAA's Ford Tri-Motor Tour Stops at Port of South Louisiana Executive Regional Airport

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.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:38 am   |  Permalink   |  Email
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.
 
Airport operating certificates serve to ensure safety in airport transportation. An airport, in order to secure this certification from the FAA, must implement and maintain certain operation and safety standards and provide for such things as on-site firefighting, and rescue equipment. 
 
“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 for airlines that would be considering operations at the Wilmington Air Park.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:17 am   |  Permalink   |  Email
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.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:48 am   |  Permalink   |  Email
Share this story
Twitter
Facebook
LinkedIn

Click Here!

Click Here! Click Here! Click Here!

Click Here!

Click Here!

Click Here! Click Here! Click Here!

Click Here!

Site Mailing List 

Expansion Solutions is a worldwide service of Cornett Publishing Co., Inc. ©2018, all rights reserved. 
Our content is from many sources and not warranted to be accurate or current. 
For general inquiries, email: info@ExpansionSolutionsMagazine.com