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Aerospace Startup Establishing Operations in Kentucky
Area Development Online News Desk (10/30/2009)
Blackhawk Composites, Inc., a startup manufacturer of advanced aerospace component parts, will invest more than $1.5 million to establish operations in Morgantown, Kentucky, according to the Kentucky governor's office. The company, which plans to create 30 new jobs within the first year of operations, will lease a 40,000-square-foot facility to manufacture parts for Cessna Caravan aircraft cowls. "We are very pleased that we were able to establish this venture in Kentucky." says Gary Smrtic, the company's president. "It has been the goal of our core team to bring aerospace work into south central Kentucky for some time, and this is the fruit of that labor." The state has preliminarily approved Blackhawk Composites for up to $750,000 in tax benefits over a 10-year period.
 
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