WEAR - Search Results

The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

City and county join in bid for ST Aerospace business

City and county leaders are coming together in a bid to bring three hundred new jobs to Pensacola.

Mayor Ashton Hayward is talking with  S-T- Aerospace about setting up shop at the Airport Commerce Park.
  
The company modifies and repairs jet aircraft.
Yesterday, Escambia County Commissioners reached a *tentative agreement to put eight million dollars toward the project.

4.8 million would go into building a hanger and other infrastructure at the commerce park.

3.2 million would be a loan to be repaid by the city.
  
State and federal grants will pump another 22 million dollars into the project.

No word yet on when ST Aerospace will make a decision on the location.