The CEO of an aircraft company that once eyed a manufacturing facility in Superior is looking to expand in Minnesota. One Aviation wants to set up a new division to build aircraft parts for its Eclipse jet.
One Aviation CEO Alan Klapmeier said the Minnesota facility would eventually make parts for its yet to be built single-engine plane, the Kestrel 350....
...Gov. Scott Walker visited Superior more than four years ago to announce financing for a facility to produce the Kestrel 350 plane in the city. The manufacturing facility was expected to create 600 jobs, but it has yet to materialize.
Klapmeier said the company made a conscious decision not to build the new facility as part of Kestrel in Superior.
"We have a disagreement with the state of Wisconsin over what they agreed to do and whether or not they did it," Klapmeier said. "Naturally, that would play a very large role in our decision about whether or not to do this new project in Wisconsin."
Klapmeier has said the state didn`t come through on financing...
...Kestrel Aircraft Company, which joined with New Mexico-based Eclipse Aerospace to form One Aviation, is subject to penalties if it does not fulfill its contractual obligation with WEDC. The state has three contracts with the company for millions in loans and tax credits provided on the condition of job creation through the manufacturing facility....
Ken Notes: Read all of this -- definitely two sides to the story here... I actually feel bad for WEDC because they are in a lose lose situation.
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- - Volume: 4 - WEEK: 43 Date: 10/20/2016 9:50:45 AM -