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Aerospace company, Summit Aeronautics Group gains tentative support from commissioners

City and county commissioners on Thursday were tentatively supportive of a tax-abatement request from a high-end Helena aerospace manufacturing firm.

Summit Aeronautics Group http://www.summitaero.com/ and BHAM Development have asked officials to forgive a total of $894,500 in local commercial and equipment taxes over the next decade. Summit is investing about $9.8 million in new equipment, and BHAM is expanding Summit’s facility near the Helena Regional Airport in a building project costing about $4.3 million.

Summit officials say the expansions will produce about 50 new jobs in Helena over the next five years, with salaries averaging $38,832.

By LARRY KLINE – Independent Record

Full Story: http://helenair.com/articles/2007/12/07/helena/e01120707_03.txt

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