Cover Story

Aerospace Firm Asks for Financial Incentive to Make Jacksonville, Fla., Move

INSIGHT

Bloomfield, CT, USA

Sep. 7--Aircraft supplier Kaman Aerospace Corp. plans to ask for a $1.8 million incentive package to move its manufacturing operations from an outdated facility in Connecticut to Jacksonville.

Kaman said the move would add 490 jobs in the city during the coming years. The company is expected to present its plan to the Jacksonville Economic Development Commission on Thursday.

Any agreement with the JEDC also would be be considered by City Council.

Kaman has applied for a grant of up to $375,000, and a tax refund of up to $1.47 million, according to the JEDC.

Kaman Aerospace, a division of Connecticut-based Kaman Corp., has 50 employees in Jacksonville, but the company has said that figure should reach 490 by 2005, when it expands its operations here. The Kaman jobs are projected to pay an average salary of $35,200.

Jacksonville economic development officials have said the city is trying to attract aviation and aerospace companies because of Cecil Commerce Center and the many retired Navy residents in the area.

Kaman Aerospace makes and assembles fuselages for MD Helicopters Inc. and assembles components for Boeing Co. military and commercial planes in Jacksonville. The company leases about 45,000 square feet of production space and another 11,000 square feet of storage space at the Imeson Industrial Park on the north side of the city.

Kaman plans to lease an additional 30,000 square feet at Imeson and 130,000 square feet at a Gun Club Road facility.

In addition to Jacksonville, Kaman Aerospace also has facilities in Orlando, where it recently acquired the Dayron division of DSE Inc. Kaman Dayron, a manufacturer of bomb fuses for a variety of munitions programs, employs 110 people and has two sites, a 90,000-square-foot facility containing manufacturing, engineering and administrative office space, and an 80-acre test range.

Kaman Aerospace announced in May that it had won a $35 million contract from Boeing Commercial Airplanes to supply subassemblies for Boeing 747, 757, 767 and 777 commercial airplanes. But the company has said the new contract wasn't a factor in its Jacksonville expansion.

 


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