SyberJet

Project Name 
Lady Hawk
Date Announced 
2Q 2013
Site 
Cedar City, Utah
Competition 
Texas
"Our decision to locate the SJ30 assembly facility and SyberJet headquarters in Utah is a result of the incentive package offered by local and state officials and the pro-business climate that exists in the state." -- David J. Grant, Chairman
Jobs 

1,200

Investment 

$300 million

Square Footage 

300,000 SF

Incentives 

This project was highly competitive, and MSC has other facilities in Texas. The GOED Board of Directors has approved a 20-year Economic Development Tax Increment Financing (EDTIF) post-performance refundable tax credit of $32 million for MTI and SJA, or 25% of the $127 million in new state tax revenues which will be collected by the state.

Related Articles 

New Additions Fly High in the Aerospace Industry, Utah Governor's Office

SyberJet Aircraft Announces Cedar City, Utah as the Location for its Headquarters and New SJ30 Assembly Plant, SyberJet.com

SyberJet Accepts Tax Incentives, Headquarters in Cedar City; 1200 New Jobs, St. George News