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Park Aerospace Plans $19M Expansion In Kansas

Business Facilities

Read: Park Aerospace Plans $19M Expansion In Kansas at BusinessFacilities.com. The expansion will allow the company to double its number of employees in Newton, KS from 73 to 146 in the next five years.

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Industry Focus: Global Aerospace Production Soars To New Heights

Business Facilities

According to Deloitte’s 2014 Global Aerospace and Defense Outlook , the commercial aerospace sector is expected to experience significant growth this year, driven by continued record-setting production levels at assembly facilities and throughout the aerospace supplier network. Virtually every major defense contractor in the U.S.

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INDUSTRY FOCUS: Soaring To New Heights

Buisness Facilities Contributed Content

Shreveport Regional Airport. The Aerospace/Defense industry reported its third consecutive year of record revenue and profit last year. The uptick came on the strength of a surging commercial aviation market that more than offset a soft defense performance. However, defense companies face an uncertain 2013. By BF Staff.

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State Focus: Arkansas – Easy To Reach, Easy To Grow

Buisness Facilities Contributed Content

Major market centers in the region include: Memphis, Chicago, Atlanta, Dallas, Fort Worth, Houston, Kansas City, Oklahoma City, New Orleans and St. Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. That represents 42 percent of the total U.S. population.

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

Buisness Facilities Contributed Content

According to Sheffi, logistics clusters are “huge employment engines.”. You know if the white shirt should go to Kansas and the blue shirt should go to Chicago or the other way around.”. The Memphis International Airport is home to the FedEx Superhub. Photo: Memphismegasite.com.). interior.

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Industry Focus: Aerospace Sector Is Flying High Again

Buisness Facilities Contributed Content

A fter several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., Aerospace & Defense Labor Market Study. This reverses a five-year trend that resulted in employment decreases of 9.4 However, despite the decline in employment numbers, the U.S.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Must expand its labor force, make new capital investment, or prevent loss of employment. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone. The credit is 20% of the actual costs limited to the employer’s income tax liability. WORKFORCE DEVELOPMENT .

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