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City and county join in bid for ST Aerospace business
City and county leaders are coming together in a bid to bring three hundred new jobs to Pensacola.
Mayor Ashton Hayward is talking with S-T- Aerospace about setting up shop at the Airport Commerce Park.
The company modifies and repairs jet aircraft.
Yesterday, Escambia County Commissioners reached a *tentative agreement to put eight million dollars toward the project.
4.8 million would go into building a hanger and other infrastructure at the commerce park.
3.2 million would be a loan to be repaid by the city.
State and federal grants will pump another 22 million dollars into the project.
No word yet on when ST Aerospace will make a decision on the location.