Most Commented Stories
Most Recommended Stories
200 Jobs Expected to Open in Vero
Comments | Recommend
April 29, 2008 - 12:48PM
VERO BEACH, Fla. (AP) - Piper Aircraft Inc. will likely remain in Vero Beach after being offered a $32 million incentive package
to stay.
Piper had been searching for a potential new headquarters for more than a year. CEO Jim Bass says the Florida deal will almost
certainly mean the company stays put. Indian River County will pay $12 million with the state kicking in the additional $20 million.
In exchange for the money, the plane maker is expected to add more than 200 employees to its current plant staff of about 1,200.
The company says it plans to use the money to enhance production of its new single-engine PiperJet, buy new equipment and revamp its plant at the Vero Beach Municipal Airport, where it's been for more than 50 years.
See archived 'Treasure Coast' Stories »
From the editor: Many of you have expressed concerns about some of the harsh anonymous comments from readers. To remedy that, we are introducing new features. You can create your own blog, publish your news and share your photos with the community. Once you fill out a simple form and leave a verifiable e-mail address, you can set up your profile page. It will display all of your contributions and allow you to track issues and easily connect with others.
We want our site to be a place where people discuss and debate ideas that foster stronger communities. We built this for you. Please take care of it. Tolerate broad thinking, but take action against obscene or hateful material. Make it a credible and safe place worth preserving and sharing.
We want our site to be a place where people discuss and debate ideas that foster stronger communities. We built this for you. Please take care of it. Tolerate broad thinking, but take action against obscene or hateful material. Make it a credible and safe place worth preserving and sharing.
