Peoria about to land aerospace firm tied to GE; $1.2M deal

AviageSystems

AviageSystemsBy Jeff Grant | Daily News-Sun

A small aerospace company tied to General Electric Corp., will launch its global business in the city, bringing 30 new jobs, under an agreement with Peoria officials expected to be approved by the mayor and City Council Tuesday.

The deal will pay Aviage $1.2 million in exchange for the new positions – all highly skilled ones – and new tax revenues.

“It’s tremendously exciting. I think people are beginning to see that Peoria is really the place to be,” said Mayor Cathy Carlat, who took office Jan. 6. The mayor was unable to discuss certain aspects of the accord, since it was the subject of an executive session by the governing body Tuesday evening.

Details of the deal were laid out Thursday in a communication to City Manager Carl Swenson by city Economic Development Services Director Scott Whyte.

Continued:

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories