Aircraft Manufacturer, Renegade Light Sport, Invests $2 Million To Relocate to Fort Pierce, Florida
03/06/2013
“The relocation will enable the company to take its Lycoming-powered fleet of US built aircraft forward at a rapid pace. The new Renegade facility will now host a full engineering department, composite and paint shop, along with a full LSA Avionics shop and a new research and development suite that will completely focus on bringing new models to the market,” said Philip Wyatt, Marketing Director.
Larry Pelton, president of the Economic Development Council of St. Lucie County, said this is an exciting new business that will bring added value to the Airport’s commercial traffic. “The EDC is proud to facilitate a good working relationship between Renegade and St. Lucie’s county government to speed construction and help the company begin its new manufacturing approach to meet consumer demand,” Pelton said.
“We are thrilled that Renegade chose to reinvest nearly $2 million in the Ft. Pierce facility and to hire 75 new employees,” said Faye Outlaw, St. Lucie County administrator. “Given all the choices that an employer like Renegade has, this is a vote of confidence in St. Lucie County as a good place to grow business.” A job growth investment grant and county-approved tax abatement contributed in part to Renegade’s decision to relocate.
Project Announcements
Bartlett Group Plans Strathcona County, Alberta, Headquarters-Manufacturing Operations
10/11/2024
Mart Frozen Foods Establishes Rupert, Idah, Production Operations
10/11/2024
Verst Group Logistics Expands Boone County, Kentucky, Operations
10/11/2024
Afton Scientific Expands Albemarle County, Virginia, Manufacturing Operations
10/10/2024
Eli Lilly and Company Expands Lebanon, Indiana, Operations
10/09/2024
Johnson & Johnson Plans Wilson, North Carolina, Pharmaceutical Manufacturing Operations
10/08/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Reaching for the Stars: Space Industry Creating Opportunities Across the Country
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Mitigating Site Risks for Industrial Projects
Q3 2024