List Your Equipment  /  Dealer Login  /  Create Account

Officials Break Ground on Aerospace Park

Mon October 15, 2018 - Southeast Edition
Tri-Cities Airport Authority


Representatives of the Tri-Cities Airport Authority; the cities of Bristol, Kingsport and Johnson, Tenn.; and Sullivan and Washington counties, Tenn., as well as state of Tennessee officials, celebrate the next phase of development for Aerospace Park Oct. 3 in Blounstville, Tenn.
Representatives of the Tri-Cities Airport Authority; the cities of Bristol, Kingsport and Johnson, Tenn.; and Sullivan and Washington counties, Tenn., as well as state of Tennessee officials, celebrate the next phase of development for Aerospace Park Oct. 3 in Blounstville, Tenn.

Community leaders and construction vehicles were on site Oct. 4 at Tri-Cities Airport in Blountville, Tenn., setting the stage for the next phase of Aerospace Park site development.

Site construction in Aerospace Park began Oct. 5 and is scheduled to be completed in late fall 2020. Once this phase of construction is complete, Aerospace Park will have a total of 105 acres ready for immediate development.

Aerospace Park already offers 32 acres ready for development. The completion of each phase of Aerospace Park development has offered additional promotional benefits and recognition for the site.

“Aerospace Park would not be in this stage of development if it were not for the support of our funding partners,” said Tri-Cities Airport Authority Chairman Jon Smith. “It has been an honor to be a part of the cities and counties coming together on this significant, regional economic development project.”

TCAA Executive Director Patrick Wilson added his appreciation to the Aerospace Park funding partners.

“The support from our community partners has been very important as we sought additional funding to complete the site,” said Wilson. “The Airport Authority has received grant funding from the Tennessee Department of Transportation, the Tennessee Department of Economic and Community Development, and TVA. We appreciate each of these funding partners as we continue to move Aerospace Park forward.”

The TCAA will be competing for approximately $1.7 million in grant funding for the final phase of site construction, which will include grading completion of 17 acres and the addition of utilities and access roads. Once the total site is complete, TCAA will seek certification of the 122-acre site through the Tennessee Department of Economic and Community Development's Select Tennessee Site program.

Site completion and certification will bolster Aerospace Park marketing efforts, according to Mark Canty, TCAA director of trade and business development. “Expanding the footprint of the current certified acreage of Aerospace Park will allow us to more effectively promote the site, compete for large projects, and increase our ability to bring quality jobs to Northeast Tennessee,” said Canty.

The TCAA's target industries for Aerospace Park include maintenance, repair and overhaul (MRO) operations, completion and delivery centers, passenger to freighter conversion centers, and manufacturers.

According to Canty, aircraft manufacturing and MRO operations are projected to experience significant growth over the coming decade, and recent trends have seen a high percentage of domestic growth occurring in the southeastern United States.




Today's top stories

Brasfield & Gorrie Constructs Baptist Health Care's $636M Pensacola Campus

ARTBA CEO Dave Bauer's Statement on Proposed Federal Gas Tax Holiday

MDOT Rebuilds I-275 Near Detroit

Hyundai Enters Articulated Dump Truck Market With Two Models Targeting 30-, 45-Ton Segments

Construction, Transportation Groups Push Back on Biden's Gas-Tax Proposal

ALDI Invests Big in Baldwin County — Crews Help Prep for New Region HQ

Rowland Joins Linder as Regional Sales Manager

Skowhegan, Maine, Voters Approve Building New $75M Elementary School


 






ceg-logo ceg-logo ceg-logo ceg-logo ceg-logo
39.04690 \\ -77.49030 \\ Ashburn \\ VA