Investment News

From the EDC (Oct 14 2011)

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   On Friday, October 7, 2011, officials from Gulfstream Aerospace, a division of General Dynamics, announced that they have chosen Barnes Municipal Airport in Westfield as the new site for a $23 million maintenance facility for their new ultra long-range G650 corporate jet. The new facility will employ 100 people, in addition to the 130 people already employed by Gulfstream in Westfield. Massachusetts Governor Deval Patrick and Westfield Mayor Daniel Knapik hailed the announcement. Knapik added that “this is just the beginning” as the City plans to develop an aviation business park adjacent to the airport. Gulfstream President for Product Support Mark Burns said that Westfield was chosen over competitors in other states because of the quality of its workforce, saying that “Our customers routinely tell us that this facility is the best”. Although difficult to quantify, this is an argument that we often make to justify a western Massachusetts location decision, essentially that costs matter, but productivity matters even more. In the end, our company executives say it the best. Here is a link to the MassLive.com story about the announcement -- http://www.masslive.com/news/index.ssf/2011/10/gulfstream_a_go_in_westfield.html

    

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