Brunswick looking toward aerospace, aviation future (Jackson, Jacksonville: tenant, construction, cost)

[Airforceguy]

I could definitely see an aerospace corridor between Jacksonville and Charleston...

At its meeting March 23, the authority continued its mission to fund updates at the airport. In October, the board approved a proposal to spend $500,000, previously earmarked for construction of an industrial spec building, on infrastructure improvements at the airport. The improvements will allow airport tenant Stambaugh Aviation to expand, a move that’s estimated to create at least 100 more jobs, the authority was told. It will also better position the airport to welcome other companies.
Glynn County has agreed to partner with the authority to foot the bill for the improvements, which will be accomplished through bonds. Baxter says the cost will likely total around $8.5 million.
“There are still some technical things we have to go through with these bonds. The county has not approved what we approved (March 23). They are scheduled to vote on that at their April meeting,” Baxter said.
The bonds must also go through a lengthy validation process which includes the court system. It is expected to be completed by the beginning of May.
From there, the actual construction process can begin. This will include adding 130,000 square feet of ramp space on the north side, near the Stambaugh Aviation facility.
“That will allow Stambaugh to do an expansion that will bring 100 new jobs. Then there’s another company that I’m not at liberty to name just yet that will be coming in and adding 50 new jobs,” Baxter said.

Development Authority looking toward aerospace, aviation future - The Brunswick News: Local News