Piper Narrows Short List For Light Jet Plant Location | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date






Airborne On ANN

Airborne 11.30.15

Airborne 11.24.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

Airborne Hi-Def On YouTube

Airborne 11.30.15

Airborne 11.24.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

EAA/ANN AirVenture Innovation Preview

AIP-#1 Vimeo

AIP-#2 Vimeo

AIP-Part 1 YouTube

AIP-Part 2 YouTube

Tue, Jun 26, 2007

Piper Narrows Short List For Light Jet Plant Location

Sorry, Tallahassee... And Columbia...

Piper Aircraft announced Friday it has narrowed the short list of potential locations to locate its light jet manufacturing center.

The company eliminated Tallahassee, FL, and Columbia, SC, from consideration. The three potential locations remaining are Vero Beach, FL; Albuquerque, NM; and Oklahoma City, OK, according to the Associated Press.

"Despite their strengths, Columbia and Tallahassee did not compare as favorably as competing cities when we considered some of our key location criteria, such as a more established aviation sector and a ready work force," the company said.

There is fierce competition for the plant, which will employ an estimated 1500 people.

As ANN has reported, the Vero Beach proposal package tops out at $50 million and includes such incentives as purchasing Piper's existing facilities and leasing it back to the company and building a new facility for building the PiperJet, along with the impact fees associated with the construction and possibly a reduced utility rate, said Helene Caseltine, economic development director for the Indian River County Chamber of Commerce.

New Mexico is just as serious. Acting secretary of economic development Kelly O'Donnell has said the state has "an arsenal" of incentives it is authorized to offer including industrial revenue bonds, a program to provide reimbursement for certain training costs, and tax credits for providing high wage jobs and on the value of equipment they bring into the state.

"I will tell you that we are clearly very, very interested in Piper and we would be delighted if they were to choose New Mexico as a site for their facility," said O'Donnell. "We feel we present a very competitive package, and clearly New Mexico is becoming increasingly desirable as a place to do business."

Vero Beach, Piper's home base since 1957, is pleased with the announcement. The city council voted unanimously Thursday to approve a $76.5 million incentive package for Piper, according to the Treasure Coast Palm.

"We feel pretty good about this and we're certainly very optimistic," said Vero Beach City Manager Jim Gabbard.

"It's great that we're still in on the list but now it boils down to our negotiations," Vero Beach Mayor Tom White said.

"This is great news," agreed Oklahoma City Mayor Mick Cornett. "Our team will continue to work closely with Piper officials to show them how an Oklahoma City location can support their business plan."

FMI: www.piper.com


More News

Airborne 11.30.15: Rutan SkiGull, Old Rhinebeck Aerodrome, NASA-Virgin Galactic

Also: Tecnam P2012, Great Lakes Biplane, USAF X-56A, New IFR Training System, 'Lost In Space' Returns, Laser Strikes, ADS-B Seminar ANN Airborne Link: /index.cfm?do=video.playVideo>[...]

ANN's Daily Aero-Linx (12.01.15)

Legal Ramifications Of The FAA's UAV Registration Program An analysis of the FAA's UAV Registration Task Force compiled by Jonathan Rupprecht of Rupprecht Law, P.A. Rupprecht write>[...]

ANN's Daily Aero-Term (12.01.15): Glideslope Intercept Altitude

The published minimum altitude to intercept the glideslope in the intermediate segment of an instrument approach.>[...]

Aero-News: Quote Of The Day (12.01.15)

“Economic and political events over the last year have impacted some of the fundamentals for growth. As a result, we expect some 400 million fewer people to be traveling in 2>[...]

ANN FAQ: What Does The API Mean To You

Engaging The Aviation World's Pivotal Organizations, Interests And Viewpoints The Airborne Partnership Initiative, we call it the API, is a plan developed by ANN CEO and Editor-In->[...]

blog comments powered by Disqus





© 2007 - 2015 Web Development & Design by Pauli Systems, LC