Cessna Aircraft Company Invests $60 Million in Kansas

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Researched by Industrialinfo.com (Industrial Information Resources, Houston, Texas). Cessna Aircraft Company, a subsidiary of Textron Incorporated (NYSE: TXT) (Providence, Rhode Island) is investing $60 million to construct a 447,000 square foot service center in Wichita, Kansas. The facility is being constructed on a 124 acre site leased by Wichita Airport Authority and the company commenced construction in May 2003. The center will service between 75 & 80 aircraft per day and house state-of-the-art service bays, repair & overhaul shops, business center, and offices.

Law Company (Wichita, Kansas) is performing construction services for the center and Cessna expects the construction to be completed by November 2004.

Established in 1927, Cessna Aircraft Company manufactures personal and small business single engine pistons, freight and passenger hauling utility Caravans, and business jets. The company operates service centers in nine domestic and two international locations. Cessna is a subsidiary of Textron Incorporated (Providence, Rhode Island) (NYSE: TXT) that manufactures Bell Helicopter, Cessna Aircraft, Kautex, Lycoming, E-Z GO, and Greenlee. Textron ranks 164 on Fortunes Top 500 list of largest United States Companies.