Aircraft supplier Globe Engineering is seeking Wichita City Council approval for an 84 percent tax exemption to build a new facility and add jobs.
The 220-employee company plans to build a $3.8 million, 75,000-square-foot building north of K-42 and west of Maize Road and spend $10 million in new machinery and equipment over the next five years.
The Eagle reported in July Globe had purchased land at that site for future expansion.
With the new building and equipment, Globe plans to add 12 jobs over the five-year period at an average annual wage of $57,600, including benefits.
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The privately held company, which operates 274,000-square-feet of buildings at two other sites, is seeking an 84 percent tax exemption on the new construction and equipment for five years, with an option to renew the exemption for an additional five years.
The council is expected to consider the abatement at its meeting on Tuesday.
Globe is a supplier of parts and complex assemblies to military and commercial aircraft manufacturers including Airbus, Boeing and Lockheed Martin.
In July, Lockheed recognized Globe with its Elite Supplier award, which is awarded to its top 2 percent of suppliers for 100 percent on-time delivery and 100 percent quality ratings.