Less than a day after the Governor’s Office of Economic Development approved a $32 million tax incentive program for MSC Aerospace, the business jet manufacturer made a dramatic announcement at a press conference Thursday in Cedar City. UPR's Chris Holmes has the details.
"MSC aerospace is a company formed when Cedar City-based Metalcraft Technologies purchased, out of bankrupcy the assets of Emivest, the former builder of the SyberJet business jet.
Company CEO David Grant wasted no time after taking to the podium, to announce what people in cedar city wanted to hear.
MSC Aerospace says it plans to consolidate and expand existing facilities with a $400 million manufacturing plant to be built over the next 15 years offering up to 1200 high-paying jobs."