Dallas City Council approves a $500,000 economic development incentive to support expansion and a new Dallas location for HAECO Global
DALLAS - Today, the Dallas City Council approved a maximum $500,000 economic development incentive for HAECO Global Engine Support, LLC (HAECO Global) to establish a new aviation engine repair facility at 11124 Goodnight Lane. The project, with an estimated cost of $17.5 million, is expected to create or retain 170 jobs in Dallas.
"This project is bringing new, high-paying and high-skill aviation repair jobs into Dallas," said Councilmember Omar Narvaez (District 6), a member of the City Council's Economic Development Committee. "I appreciate HAECO Global's selection of Dallas and commitment to Dallas hiring."
HAECO Global will be leasing and occupying a 290,000 square foot newly built facility for the new engine support unit, which will be the primary location in North America for what is known as "engine hospital" repair work. The work includes repair work for aircraft on the ground, larger repairs that may involve splitting engines into large components so they can be moved, or repair of internal components inside the engine that are then tested and reinstalled on the aircraft. HAECO Global will relocate 76 existing full-time jobs to the new Dallas facility from Carrollton and create an additional 94 jobs, for a total minimum job count of 170.
"We are thrilled to be partnering with the City of Dallas in this exciting venture," said James Clarke, Executive Vice President of HAECO Global Engine Support. "This new location represents a tremendous opportunity for growth, both for our company and for the local community. It will bring high-quality jobs and support the development of cutting-edge technology that will shape the future of aviation. Working with the leadership of the City's business development group within the Office of Economic Development has been an extremely positive experience."
The City of Dallas will provide an economic development incentive grant of $500,000 if HAECO Global hires a workforce for the newly created jobs that consists of a minimum of 35% Dallas residents. If the local hiring is at least 25% Dallas residents, the grant will be $350,000. The 170 jobs must be created by December 31, 2027. Additionally, HAECO Global will participate in a workforce partnership program to help build a pipeline of skilled workers for these jobs.
"This project is a true win-win for our community," said Kimberly Bizor Tolbert, Interim City Manager for the City of Dallas. "HAECO Global will provide high-skill and high paying jobs in Dallas, and by participating in a workforce partnership program, we are building a pipeline of Dallas workers for Dallas jobs."
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About HAECO Group
HAECO Group is one of the world's leading aircraft engineering and maintenance service providers. We provide a comprehensive range of solutions encompassing airframe services, line services, inventory technical management, component overhaul, aerostructure repairs, landing gear services, engine services, global engine support, parts manufacturing and technical training. HAECO Group comprises 16 operating companies, employing around 15,000 staff in Hong Kong, Chinese Mainland, Europe and the Americas. HAECO Global Engine Support was set up in 2019 to provide global round-the-clock on-wing and off-wing engine support from strategic locations in Hong Kong, Amsterdam in the Netherlands, London in the UK, and Dallas in the United States.
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