The Wichita City Council on Tuesday unanimously approved a tax exemption for aircraft supplier Globe Engineering’s expansion.
The 84 percent tax exemption is for Globe’s construction of a $3.8 million, 75,000-square-foot building and $10 million to equip it. The exemption is for five years, with an option to extend it an additional five years.
Globe plans to add 12 jobs over five years as part of the expansion. Those jobs would have an average annual wage of $57,600, including benefits.