$172.5M Investment Creates 1,030 Jobs In Northeast Florida
Handy Tech Group Inc.
Application & business problem solving experts of mechanical components sold to industrial OEM's in the Southeast
AURA AERO Inc. will invest a projected $172.5 million to open its first U.S. facility within Embry-Riddle Aeronautical University. The project is estimated to create 1,030 jobs in Northeast Florida, with an average wage of $73,695. The decision to locate a 500,000-square-foot manufacturing and assembly plant in Florida follows the company’s move last year to create a partnership with Embry-Riddle at the University’s Research Park in Daytona Beach, which is now open.
“We are thrilled to unveil AURA AERO’s expansion in the USA with the development of our industrial footprint in Florida,”said AURA AERO CEO Jérémy Caussade. “Supported by the State of Florida, Select Florida, and our partner Embry-Riddle, we have the perfect ecosystem to bring a new generation of aircraft to our American customers.”
“These kinds of collaborative efforts lead to exceptional outcomes such as the recruitment of AURA AERO to Daytona Beach,”said Embry-Riddle President P. Barry Butler, Ph.D.?“This latest development will benefit Floridians as well as Embry-Riddle students who will gain real-world career experience.”