Current:Home > StocksDassault Falcon Jet announces $100 million expansion in Little Rock, including 800 more jobs -Excel Money Vision
Dassault Falcon Jet announces $100 million expansion in Little Rock, including 800 more jobs
View
Date:2025-04-24 14:47:52
LITTLE ROCK, Ark. (AP) — Dassault Falcon Jet on Tuesday announced a $100 million expansion of its facility in Little Rock that the jet manufacturer said will add 800 new jobs.
Dassault announced it had selected Little Rock for the expanded completion center for the development and delivery of its new Dassault Falcon 6X business jet and future Falcon programs. The company already has 1,400 workers at its two facilities in Little Rock.
Dassault officials announced the expansion at an event with Gov. Sarah Huckabee Sanders, Little Rock Mayor Frank Scott and other state and local officials. The company has operated in Arkansas since 1975 when it opened its aircraft completion facility in Little Rock.
The expansion came after Dassault leaders met with Sanders, Scott and other state leaders at the Paris Air Show earlier this year. Aerospace and aviation is the state’s top export, according to the Arkansas Economic Development Commission.
The expansion is receiving $12 million from an incentive fund and $6 million in customized training funds from the Arkansas Office of Skills Development, according to the Economic Development Commission. The project will also receive sales tax refunds and rebates based on the payroll for new employees.
veryGood! (492)
Related
- A South Texas lawmaker’s 15
- Florida's immigration law brings significant unintended consequences, critics say
- The Latest Cafecore Trend Brings Major Coffeeshop Vibes Into Your Home
- Genocide case against Israel: Where does the rest of the world stand on the momentous allegations?
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Authorities say 4 people found dead in another suspected drowning of migrants off northern France.
- Indian Ocean island nation of Comoros votes for president in Africa’s first election of 2024
- 2 Iranian journalists jailed for their reporting on Mahsa Amini’s death are released on bail
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- NFL schedule today: Everything to know about playoff games on Jan. 14
Ranking
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Navy officer who killed 2 in Japan car crash released from U.S. custody
- MILAN FASHION PHOTOS: Simon Cracker’s upcycled looks are harmonized with dyeing. K-Way pops color
- Taiwan president-elect Lai Ching-te has steered the island toward democracy and away from China
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Queen Margrethe II of Denmark Abdicates the Throne, Breaking Nearly 900-Year Tradition
- More stunning NFL coach firings to come? Keep an eye on high-pressure wild-card games
- Chiefs vs. Dolphins playoff game weather: How cold will wild-card game in Kansas City be?
Recommendation
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Opinion: Women with obesity are often restricted from IVF. That's discriminatory
Taiwan condemns ‘fallacious’ Chinese comments on its election and awaits unofficial US visit
Two Navy SEALs are missing after Thursday night mission off coast of Somalia
This was the average Social Security benefit in 2004, and here's what it is now
MILAN FASHION PHOTOS: Simon Cracker’s upcycled looks are harmonized with dyeing. K-Way pops color
Queen Margrethe II of Denmark Abdicates the Throne, Breaking Nearly 900-Year Tradition
Why Los Angeles Rams Quarterback Matthew Stafford Is the MVP of Football Girl Dads