Marshal Aerospace announced that it has chosen the Piedmont Triad International Airport as the site for its new aircraft maintenance and engineering facility.
On Tuesday, April 25, Marshall Aerospace issued a press release stating that Greensboro would be the site for its new US operations hub, which will serve as the company’s base of operations in the US and provide maintenance, repair and overhaul services for the military’s Hercules C-130 fleet.
Marshall states that the new facility should start operations in early 2025 and over a four-year period will lead to the creation of 240 new jobs.
On Monday, April 17, the Greensboro City Council approved up to $240,000 in economic incentives for Marshall based on the construction of a $50 million plus maintenance facility and the creation of 240 jobs.
On Thursday, April 20, the Guilford County Board of Commissioners approved $308,000 in economic incentives and approved an additional $124,000 in grant money from a local matching utility fund.
In a press release from the Greensboro Chamber of Commerce announcing Marshall’s decision, Greensboro Mayor Nancy Vaughan said, “The addition of Marshall Aerospace will make an enormous impact on our workforce. The City welcomes this multimillion-dollar investment, which reinforces our placement as North Carolina’s aerospace capital.”
Marshall Group CEO Kathy Jenkins said, “We believe Piedmont Triad International Airport is the ideal home of our US Aerospace operations. We are proud to join the well-established Greensboro aerospace ecosystem and will strive to make the greatest possible contribution to the North Carolinian community and economy. We are very grateful for the exceptional support and partnerships we have received from Greensboro City Council and the State Government of North Carolina as we look to expand our operations in North America.”
Marhsall Aerospace, headquartered in Cambridge, United Kingdom, is one of the largest independent aerospace and defense companies in the world.
This corporate welfare has got to stop. We are all paying for it, including would-be competitors.
That’s the way it is everywhere now. Big Biz, Big Govt, Big Media, Academia – Big Brother. Every dime they extort from us decreases our freedom by that much. This fiat money the govt is creating to pay their bills, and all their handouts, impoverishes us by leaps and bounds, every day. Inflation is the cruelest tax of all.
There is nowhere to hide.
BITCOIN is incorruptible. Volatile, but incorruptible.
All fiat money is a confidence trick.
Too many bloody Limeys around these days….
I wonder- how much is this gonna cost us? I guess we better brace for another increase 8n taxes. B. O. H. I. C. A.
Don’t hold yur breath. Dismal turnout at the polls has made it worse. Citizens no more – they don’t know no more.
The last turnout at the polls was indicative of the participation in our Republic. A few run it as they like it. What are you gonnadoaboutit?