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
AATW Establishes Anderson County, Kentucky, Operations
09/20/2023
Chick-fil-A Supply Plans Kannapolis, North Carolina, Distribution Center
09/20/2023
National Meat and Provision Company Expands Baptist Parish, Louisiana, Production Operations
09/20/2023
Pratt Industries Expands Pennsylvania, Operations
09/20/2023
U.S. Soccer Federation Plans Atlanta, Georgia, Headquarters-Training Center
09/18/2023
Israel-Based Isotopia Molecular Imaging Plans Westfield, Indiana, Operations
09/18/2023
Most Read
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
Why the Southeast Is Winning EV Projects, With More on the Way
Q3 2023
-
EV and Semiconductor Projects Stand Out in States Receiving Area Development’s 18th Annual Shovel Awards
Q2 2023
-
Power-Intensive Site Selection
Q3 2023
-
EV Impacts to Watch in 2023 and 2024
2023 Auto/Aero Site Guide
-
First Person: Establishing a Robust Rare Earth Magnet Supply Chain
Q3 2023