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Honeywell to Invest $84 Million in Expansion of Kansas Aerospace Manufacturing Facility
February 6, 2024 | PRNewswireEstimated reading time: 2 minutes
Honeywell announced it will invest $84 million to expand its Olathe manufacturing facility in Kansas. The project, which is expected to generate nearly $47 million in total gross domestic product (GDP) and contribute $18.3 million to state and local taxes in the first six years, supports the company's alignment with the compelling megatrend of the future of aviation.
Annual operations of the newly expanded facility will create ongoing economic benefits that include directly employing an additional 156 workers at the facility and supporting more than 200 jobs in other sectors of the Kansas economy. Additionally, the Olathe manufacturing facility will create economic benefits during the construction period and subsequent operations of the expanded facility. The construction and installation of new equipment in the facility will create temporary, one-time economic benefits that include 268 one-year jobs supported in Kansas and generating nearly $25 million in GDP.
"Expanding this facility will enable the development of a strong and resilient domestic supply chain for next generation avionics and printed circuit board assemblies that our commercial and military customers can rely on," said Jim Currier, president and CEO, Honeywell Aerospace Technologies. "At Honeywell, we are in constant need of highly skilled employees, particularly in engineering and advanced manufacturing, and our decision to expand one of our U.S.-based facilities is a testament to our confidence in the U.S. economy and its talented workforce."
This expansion will create one of Honeywell's most technologically advanced aerospace manufacturing facilities. The 560,000-square-foot facility currently manufactures components for Honeywell's avionics, safety and flight control systems and complex radio frequency systems for traffic collision avoidance, radar altimeters, and weather radar.
"Honeywell's expanded presence in Kansas underscores what we've known all along our state's workforce is prepared to meet any challenge," said Governor Laura Kelly. "The high-tech jobs and opportunities being created will allow even more of our young workers to find their dream careers right here in Kansas."
"Honeywell's expansion is a perfect example of the Kelly-Toland Administration's vision for further developing our state's aerospace and advanced manufacturing sectors," said Lieutenant Governor and Secretary of Commerce David Toland. "Honeywell's superior products and technologies are shaping the future of aviation, while also invigorating the regional and state economies."
"The hard-working men and women of Kansas have earned a reputation within the aviation manufacturing community for quality work, and today's announcement is further evidence of that," said U.S. Sen. Jerry Moran. (R-Kan.) "Honeywell's decision to expand its operations in Kansas will help bolster the U.S. domestic industrial base in the aviation sector."
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11/25/2024 | CILIn early November 2024, CIL completed the installation of its third volume SMT PCBA assembly line at its BP2 Semiconductor Packaging facility
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Flexible Circuit Technologies Announces Major Expansion of Capabilities & Resources
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SIA Applauds CHIPS Act Incentives for Corning and Powerex
11/11/2024 | SIAThe Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Department of Commerce for Corning and Powerex.
TTM’s Grand Opening in Malaysia
11/07/2024 | Marcy LaRont, I-Connect007When I last spoke with Tom Edman, president and CEO of TTM Technologies (TTM), he provided an update about the company’s new high-tech printed circuit board facility under construction in Syracuse, New York, and how the grand opening of a facility in Malaysia is informing TTM’s overall expansion efforts: a cutting-edge facility spread across 27 acres and providing roughly 1,000 jobs. Now, Tom provides more details about the new automated facility, its regional and global impact, and the importance of having both government and industry support.