Wednesday, July 4, 2012
Two of Wichita's largest plane makers have gotten a boost from city leaders for their plans to diversify products and expand their operations.
The Wichita City Council approved on a 6-0 vote bond issues Tuesday for Bombardier Learjet and Cessna Aircraft.
Bombardier Learjet had sought up to $5.9 million in industrial revenue bonds to help finance capital investments. Its $52.7 million expansion features a flight test center, a center for engineering and information technology, as well as new facilities for paint and a new delivery center.
The expansion makes room for the Learjet 85 and is expected to bring 450 jobs to Wichita.
Cessna had sought the reinstatement of a 2006 letter of intent that has an unused balance of more than $521 million.