Dassault Falcon Jet to Break Ground on $60M Expansion in Little Rock

by Associated Press  on Tuesday, Sep. 2, 2014 7:24 am  

LITTLE ROCK — Dassault Falcon Jet is to break ground on a $60 million expansion of its private jet finishing plant at Little Rock's airport.

The factory has about 2,000 employees, and expansion of the completion center ensures that 400 of those positions will stay in Arkansas. Last year, when the company announced the expansion, Gov. Mike Beebe said other communities tried to attract that segment of the business.

Dassault executives said the expansion will bring additional jobs but haven't said how many.

The expansion, announced in May 2013, will add 250,000 SF to Dassault's site and bring the plant's total area to 1.25 million square feet.

Because the 400 jobs were at stake, Dassault qualified for a state economic incentive — a rebate equal to 3.9 percent of payroll for 10 years for those workers.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, rewritten, broadcast or distributed.)

 

 

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