Log Out | Member Center

94°F

102°/75°

Bombardier receives city approval on bond letter request

  • The Wichita Eagle
  • Published Tuesday, June 3, 2014, at 2:31 p.m.

Bombardier Learjet took a step closer Tuesday to spending more than $50 million to expand and modernize its plant in west Wichita.

At Bombardier’s request, the City Council unanimously approved issuing a letter of intent for up to $52.7 million in industrial revenue bonds. The bond revenue will cover construction and renovation of buildings near Kellogg and Tyler, along with purchasing equipment and machinery.

The project is expected to produce 450 new jobs through 2018, according to city documents.

The bond issue would carry no liability for the city.

Reach Rick Plumlee at 316-268-6660 or rplumlee@wichitaeagle.com. Follow him on Twitter: @rickplumlee.

Subscribe to our newsletters

The Wichita Eagle welcomes your comments on news of the day. The more voices engaged in conversation, the better for us all, but do keep it civil. Please refrain from profanity, obscenity, spam, name-calling or attacking others for their views. Please see our commenting policy for more information.

Have a news tip? You can send it to wenews@wichitaeagle.com.

Search for a job

in

Top jobs