Sikorsky Qualifies For Tax Exemptions In Palm Beach County, FL | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Thu, Jun 23, 2016

Sikorsky Qualifies For Tax Exemptions In Palm Beach County, FL

Has Met Requirements Approved By The City In 2015

Palm Beach County in Florida has approved an ad valorem tax exemption of up to $128,575 over a three-year period and an economic development cash incentive of $18,200 for Sikorsky Aircraft Corp.

The incentive will allow Sikorsky to expand a 33,000-square-foot addition to the company’s CH-53K Marine helicopter testing facility.

The agreement requires the company to make a minimum $10.3 million capital investment, create 14 new full-time equivalent jobs over a three-year period at an annualized average wage of $80,000 and maintain those jobs for a period of five years, as well as retain 81 existing jobs for three years.

The incentives were initially approved by the county in 2015, according to a report from the McClatchy News Service. The incentive was expected to be finalized by the County Commission on Tuesday, according to the report.

(Sources include Palm Beach County news release. Image from file)

FMI: www.pbcgov.com

Advertisement

More News

ANN's Daily Aero-Linx (05.02.24)

Aero Linx: Model Aeronautical Association of Australia MAAA clubs are about fun flying, camaraderie and community. For over 75 years, the MAAA has been Australia’s largest fl>[...]

ANN's Daily Aero-Term (05.02.24): Touchdown Zone Lighting

Touchdown Zone Lighting Two rows of transverse light bars located symmetrically about the runway centerline normally at 100 foot intervals. The basic system extends 3,000 feet alon>[...]

Aero-News: Quote of the Day (05.02.24)

“Discovery and innovation are central to our mission at Virgin Galactic. We’re excited to build on our successful record of facilitating scientific experiments in subor>[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

NTSB Final Report: Cirrus Design Corp SR20

Student Pilot Reported That During Rotation, “All Of A Sudden The Back Of The Plane Kicked To The Right..." Analysis: The student pilot reported that during rotation, “>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC