Current:Home > StocksDassault Falcon Jet announces $100 million expansion in Little Rock, including 800 more jobs -AssetScope
Dassault Falcon Jet announces $100 million expansion in Little Rock, including 800 more jobs
View
Date:2025-04-19 09:05:47
LITTLE ROCK, Ark. (AP) — Dassault Falcon Jet on Tuesday announced a $100 million expansion of its facility in Little Rock that the jet manufacturer said will add 800 new jobs.
Dassault announced it had selected Little Rock for the expanded completion center for the development and delivery of its new Dassault Falcon 6X business jet and future Falcon programs. The company already has 1,400 workers at its two facilities in Little Rock.
Dassault officials announced the expansion at an event with Gov. Sarah Huckabee Sanders, Little Rock Mayor Frank Scott and other state and local officials. The company has operated in Arkansas since 1975 when it opened its aircraft completion facility in Little Rock.
The expansion came after Dassault leaders met with Sanders, Scott and other state leaders at the Paris Air Show earlier this year. Aerospace and aviation is the state’s top export, according to the Arkansas Economic Development Commission.
The expansion is receiving $12 million from an incentive fund and $6 million in customized training funds from the Arkansas Office of Skills Development, according to the Economic Development Commission. The project will also receive sales tax refunds and rebates based on the payroll for new employees.
veryGood! (3)
Related
- Intel's stock did something it hasn't done since 2022
- Trump TV: Internet broadcaster beams the ex-president’s message directly to his MAGA faithful
- Chiefs’ Butker has no regrets about expressing his beliefs during recent commencement speech
- Gen Z is redefining what workers should expect from their employers. It's a good thing.
- Hidden Home Gems From Kohl's That Will Give Your Space a Stylish Refresh for Less
- Drowning is a top cause of death for young children. Here's what parents should know.
- Shot at Caitlin Clark? Angel Reese deletes post about WNBA charter flights, attendance
- Families of Uvalde shooting victims sue Meta, video game company and gun manufacturer
- Trump wants to turn the clock on daylight saving time
- Italian teenager Carlo Acutis to become first millennial Catholic saint after second miracle attributed to him
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Uvalde families sue gunmaker, Instagram, Activision over weapons marketing
- Walmart digital coupons: Get promo codes from USA TODAY's coupons page to save money
- What Travis Kelce, Hoda Kotb and More Have to Say About Harrison Butker's Controversial Speech
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Sister of Israeli hostage seen in harrowing video says world needs to see it, because people are forgetting
- How many points did Caitlin Clark score last night? Top pick hits dagger 3 to seal Fever's first win
- Nevada voter ID initiative can appear on 2024 ballot with enough signatures, state high court says
Recommendation
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
Does tea dehydrate you? How to meet your daily hydration goals.
In one North Carolina county, it’s ‘growth, growth, growth.’ But will Biden reap the benefit?
List of winners at the 77th Cannes Film Festival
Where will Elmo go? HBO moves away from 'Sesame Street'
'Ready to make that USA Team': Sha'Carri Richardson cruises to 100m win at Pre Classic
Chiefs’ Butker has no regrets about expressing his beliefs during recent commencement speech
Their school is about to close. Now, Birmingham-Southern heads to College World Series.