[caption id="attachment_92835" align="aligncenter" width="450"] The Icon A5 Light Sport Aircraft, shown without landing gear in the new corporate headquarters and manufacturing facility near Nut Tree Airport in Vacaville.[/caption]
VACAVILLE -- After an extensive three-year nationwide search, Icon Aircraft plans to move from Los Angeles to a facility adjacent to the Nut Tree Airport in Vacaville later this year.
The privately held company (iconaircraft.com) employs about 150 workers today and expects this total to increase to 500 or more high-paying advanced manufacturing jobs as full production ramps in 2015.
The announcement came May 14 at a reception attended by more than 200 business leaders, elected officials, reporters and other guests, at the 140,000-square foot warehouse located at 2141 Beechcraft Rd., just off the Vacaville Parkway exit from Interstate 505.
[caption id="attachment_92837" align="alignleft" width="196"] Icon Aircraft CEO and founder Kirk Hawkins[/caption]
Icon CEO and founder Kirk Hawkins said that the company plans to consolidate aircraft manufacturing, sales, flight training, services and headquarters at this new site.
"The selection of Vacaville as Icon's new home is a major milestone for the company and a significant economic win for the residents of the region," Mr. Hawkins said. "The entire community, the region and state, went above and beyond to be business-friendly."
According to an independent study, the presence of Icon can have an economic impact on Vacaville and Solano County estimated at $350 million annually through wages paid, local purchases made by Icon, and increases in employee and visitor spending, as well as sales and property tax revenues to the city and county once the plant is at full production.