Adam Aircraft Goes North by Northwest
An expansion being discussed for months is now final. Adam Aircraft, headquartered at Centennial Airport outside Denver, Colo., is putting their A500 and A700 manufacturing facility at the Kemp Ogden (Utah) Gateway Center. "We believe Utah will be an excellent location for adding to our existing capacity in Colorado. The quality of the workforce in Utah, the capabilities of the airport facility, and the superior design of the Kemp development were key motivators in our decision process," said Adam CEO Rick Adam. That Utah offered up to 30-percent rebates on income, employee and sales taxes -- possibly worth $10 million -- was no small motivator, either. In fact, one of the stated reasons why the facility was not built at Adam's existing facility at Centennial was that Colorado had no economic development money to invest. Adam has already begun manufacturing customer aircraft in anticipation of FAA certification. Customer deliveries of the A700 are scheduled to begin in 2006.