Commissioners approve tax breaks for high-end Helena aerospace manufacturing firm, Summit Aeronautics.
| January 11, 2008 |  View for printing |
City and county commissioners this week approved $894,500 in tax abatements over the next decade for a high-end Helena aerospace manufacturing firm.
Summit Aeronautics http://www.summitaero.com/ has invested about $9.8 million in new equipment, and BHAM Development — which owns Summit’s property near the Helena Regional Airport — is expanding the property in a $4.3 million building project.
Summit officials have said the investments will produce about 50 new jobs in Helena over the next five years, with salaries averaging $38,832.
City commissioners approved the abatements Monday night, and county commissioners gave their green light Thursday morning.
By LARRY KLINE - Independent Record
Full Story: http://www.helenair.com/articles/200 ... atement.txt
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