Jet Air Group Inc. plans a $1.7 million expansion project at Austin Straubel International Airport in Ashwaubenon, Wisconsin
. The company began construction on a 34,000 square-foot hangar that will be used for maintenance, avionics, aircraft interior refurbishment and aircraft storage. The new building is being constructed next to the company’s current facility at the airport.
This new hangar will enable Jet Air Group to work on the regional jets of airlines when they require service in Green Bay. The project is expected to create six jobs and retain 19 jobs. Work is expected to be completed by mid-May.
“Jet Air Group appreciates the partnership with the state of Wisconsin and WEDC to help us expand and create new jobs for northeastern Wisconsin,” said Alan Timmerman, the company’s CEO. “This project will ensure that Jet Air-Signature Select will be one of the premier aircraft destinations in the Midwest. We will be able to service the largest of corporate aircraft, or the smallest of general aviation aircraft.”
“We are pleased to assist Jet Air Group in the expansion of its business in the Green Bay area,” said Reed Hall, Secretary and CEO of WEDC, the state’s leading economic development organization. “Wisconsin has a strong aviation and aerospace industry
, and this expansion exemplifies the growth we’re experiencing in the industry.”
The Wisconsin Economic Development Corporation
is providing Jet Air Group Inc. with a $200,000 loan
. The five-year loan comes from WEDC’s Business Opportunity Loan Fund, which is designed to spur job creation and retention, capital investment, and training for businesses either starting up or expanding existing operations.