Nex-Tech Processing will expand its operations in Wichita, the company said today.
NTP, which processes metal for airframe components and assemblies for the aerospace industry, will expand its operations at 1702 S. Knight, adding 43 jobs over the next two years. The expansion also will keep an existing 121 jobs in Wichita, bringing the total projected payroll to more than $5.8 million annually.
The company plans a capital investment of $1.25 million to expand the plant for growth, including new machinery and equipment.
The Greater Wichita Economic Development Coalition partnered with the city of Wichita, Sedgwick County and Kansas Department of Commerce to secure incentives for NTP. The amount of the incentives was not released.
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NTP works with numerous original equipment manufacturers and most major aircraft manufacturers, including Boeing, Cessna, Gulfstream, Sikorsky, IAI, Spirit AeroSystems and Vought. Its sister company, Nex-Tech Aerospace, expanded its operations in Wichita last year.
"We were at capacity in Wichita for growth and looked at multiple options which would have affected the size of our Wichita operations," Terry Karst, NTP's general manager, said in a release. "We appreciate the response from the economic development group to help us make this investment and expand here."