Tue, Jul 29, 2008
Breaks Ground On New Facility At X26
LoPresti Aviation and Florida's Sebastian Municipal Airport
(X26) broke ground on a new $1.4 million hangar on July 19. This
marked the beginning of a 15-year lease agreement.
The new hangar will house the LoPresti Fury and SpeedMerchants
divisions. The company plans to use the facility to build the three
prototype Furys required for FAA certification. Once certified,
then full-scale manufacturing will begin at a facility in Belen,
NM.
LoPresti has an established reputation as a leading provider of
aviation performance solutions. There are six divisions within the
company: Aerodrome, Fleet Ops, Engineering, Fury, SkyStruck and
SpeedMerchants.
Curt LoPresti, CEO, attributes their success to a relentless
dedication to efficiency. "It's the principle on which the company
was founded almost 20 years ago. In these energy challenged times,
our skills have come into high demand," he said. "The Fury, in
particular, was designed to be the perfect embodiment of those
skills. In automotive terms, it sips fuel like a Prius but has the
performance of a Ferrari. It's the perfect vehicle for our
times."
Al Minner, city manager and planner, added "This is great news
for Sebastian and we are gratified to assist the city and LoPresti
in combining talent in engineering, construction, maintenance and
manufacturing."
The LoPresti team expects to move into part of the airport
administration building early in 2009 and the hangar facility soon
after. The remaining divisions will continue operation in Vero
Beach, FL.
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