Wednesday, July 25, 2012

Cedar City approves economic incentive for Metalcraft Technologies

The Cedar City Council agreed to grant a $15,500 economic incentive to Metalcraft Technologies Incorporated. Metalcraft has recently partnered with Syberjet Aircraft to manufacture the SJ30 jet. If Metalcraft chooses Cedar City as its manufacturing base, it would bring around $200 million dollars to the local economy along with up to 1,000 jobs with annual wages between $30,000 and $50,000. Metalcraft is also looking at locations in Texas where the Cedar City based company also owns facilities. The Spectrum