Saturday, July 9, 2016
Alabama aircraft expansion may create up to 200 new jobs -The Kathryn Report
The construction of a new hangar and support facility in Meridianville may increase Yulista's local workforce by as many as 200 employees.
The company broke ground this morning on a 60,000-square-foot aviation hangar and 20,000-square-foot support facility at Huntsville Executive Airport, formerly known as Madison County Executive Airport on 100 Bolling Road.
Yulisa CEO and President Josh Herren said they are investing up to $13.5 million on the project, which will service both fixed and rotary-wing aircraft, including newer tilt rotor technology.
"I know Yulista is an Alaska corporation, but the board and shareholders are very interested in investing in Huntsville," he said. "They've done so since 2002, they want to continue and they want to ensure that Yulista is sustainable here. When you have a sustainable company, you have sustainable job creation."
The expansion, which was two years in the making, will bring the airport's aviation campus from 94,000 square feet to more than 165,000 square feet. The Yulista M5 Hangar should be fully operational by summer 2017.
Herren said they will fill a number of new jobs, including aircraft mechanics, engineers, prototype and modernization specialists, and electronics technicians. The company currently has more than 1,000 employees working in different facilities across the Huntsville area.
Madison County Commission Chairman Dale Strong was among local representatives and Yulista leaders at the groundbreaking event.
"The best return on investment is to invest in Madison County, Alabama, and that has been proven with more than 11,000 jobs announced in just the last 36 months here in our region," he said.
In February, Sierra Nevada Corporation announced it would create 200 jobs with a new aircraft and modernization facility equipped for future fixed- and rotary-winged program support at the airport. The $4 to $6 million project includes a 30,000-square-foot first phase, followed by a second phase that will span 100,000 square feet for future programs.
Original article can be found here: http://www.al.com
Posted by The Kathryn Report at 7/09/2016 12:50:00 PM