Investment on track to reach nearly $350 million
Wednesday, Dayton City Commission approved development agreements with Sierra Nevada Corp. and SD Hangar Partners LLC in support of a new aircraft maintenance and repair facility at Dayton Airport.
SD Hangar Partners will spend approximately $44 million to build and equip the new hangar, and Sierra Nevada will create about 147 new jobs at the site within about three years, according to city documents.
Dayton has agreed to provide Sierra Nevada with up to $195,000 in assistance for its expansion project, and the city will award SD Hangar Partners up to $300,000 to help cover infrastructure and construction costs. improvement of the site.
Sierra Nevada, based in Nevada, specializes in aerospace and space exploration innovations, including “aircraft integrations, navigation and guidance systems, threat detection and security, scientific research and infrastructure protection”.
The city’s agreement with Sierra Nevada says the company will make “every reasonable effort” to hire people who live in Dayton to fill vacancies.
“This agreement also includes efforts to encourage partnerships with local workforce development agencies,” said LaShea Lofton, Deputy City Manager of Dayton.
The hangar will be located on the northeast side of the airport, just south of building 10, inside the perimeter fence.
It will be one of the largest aircraft maintenance hangars in Ohio, capable of accommodating some of the largest military aircraft, such as the C-5 Galaxy and C-17 Globemaster or Boeing 747, said Turner, director of aviation.
“The highly skilled workforce that will be hired by (Sierra Nevada Corp.) to do specialized work for SNC is exciting,” Turner said. “This is a big win for Dayton and Ohio State.”
The city commission also this week approved tax-sharing payments for a few school districts and jurisdictions related to payrolls at commercial and industrial sites around the aviation facility.
The city sold large tracts of land around the airport to NorthPoint Development, which built new warehouses, distribution and commercial facilities for companies including Crocs, Chewy, Amazon, Purina, Energizer and others.
Information in city documents indicates that NorthPoint Development is constructing 11 buildings that will house 3,962 jobs and which, combined, represent approximately $348 million in new investment.
The Dayton metro area — including Montgomery, Miami, and Greene counties by a Bureau of Labor Statistics definition — is home to about 384,000 jobs.
NorthPoint has completed seven buildings and three are under construction, Turner said.
The airport still has land available for non-aviation uses, but Turner said its primary focus would be to attract another aviation user like Sierra Nevada Corp. for the remaining development sites near the airport runways.
“I think in the future there will be greater demand for local air cargo services at Dayton Airport,” he said.
Dayton Mayor Jeffrey Mims Jr. said the city has long wanted to attract new tenants to its vacant hangars.
He said aircraft mechanic jobs are in demand and well paid.
“These are $90,000 and $100,000 a year jobs, and we need as many as we can get,” he said.