Orizon Aerostructures Inc., a firm that builds complex subassemblies for the aerospace industry, will move its area manufacturing plant across the Missouri-Kansas border from a 70,000-square-foot facility in North Kansas City to a new 205,000-square-foot plant in Olathe, Kansas.
The move will result in the transfer of 65 employees from the North Kansas City site and the creation of 100 to 200 new jobs during the next few years.
During the next decade, the company said, it will create 400 jobs in Olathe with an average annual salary of nearly $55,000.
To help attract the growing firm, the Olathe City Council on Sept. 5 approved a 10-year, 50 percent property tax abatement for the new facility and the issuance of $23 million in industrial revenue bonds that will provide a sales tax exemption on land and equipment purchases.
The Commerce Department approved state incentives through its High Performance Incentive Program and Kansas Industrial Training Program but has not disclosed the value of those incentives.
Read more: Kansas City Business Journal