‘Aggressive Effort’ Keeps High-Paying Jobs
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowFort Wayne's redevelopment director says keeping BAE Systems in the city will retain hundreds of high-paying, high-skilled jobs. Greg Leatherman says the company plans to make “a real statement” with a proposed $39 million facility near Fort Wayne International Airport that could include more advanced technology. The redevelopment commission has approved $2 million in incentives, dependent on some additional documentation from the company. The $2 million is in addition to $2.5 million in incentives approved by the Allen County-Fort Wayne Capital Improvement Board. Leatherman believes BAE will sign a long-term lease. The move would preserve more than 1,000 jobs.
The aerospace and defense contractor currently operates in a facility owned by General Electric. Last fall, there were fears the company was considering leaving Fort Wayne, possibly for a site in Ohio.
Source: Inside INdiana Business