LOS ANGELES — ICON Aircraft will relocate to the City of Vacaville in Northern California, located approximately 50 miles northeast of San Francisco.
Beginning in the first quarter of 2015, the company will begin operating in a 140,000-square-foot facility adjacent to the Vacaville airport, also known as the Nut Tree Airport.
ICON intends to consolidate aircraft manufacturing, sales, training, service, and corporate headquarters at the new location.
The move stands to create hundreds, and eventually thousands, of advanced manufacturing-related jobs, while providing economic impact on the region that has been independently estimated to exceed $350 million, officials noted.
“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,” said ICON CEO and Founder Kirk Hawkins. “The move will play a major role in achieving our goal to not only deliver the best consumer Light Sport Aircraft in the world, but also a comprehensive flight training and operating experience that our customers and employees will absolutely love. The site we have chosen has a rare combination of key elements that makes it an ideal fit for ICON at this next stage of growth. The decision to stay in California and relocate to Vacaville, located in Solano County, would not have happened without the proactive, tireless effort of the airport officials, City of Vacaville, Solano County, and the Governor’s GO-Biz office over the last several years. This has been an impressive demonstration of local, regional, and state cooperation that ultimately made it possible for ICON to remain in California.”
“To say we’re pleased with ICON’s selection of Vacaville would be an understatement,” said Vacaville Mayor Steve Hardy. “We have much to offer ICON, as well as other businesses, and this seems like such a natural fit to us. We look forward to a long, mutually beneficial relationship with this world-class operation.”
ICON’s move also stands to have a significant positive economic impact on the region, according to an independent study. The study concluded that the move would directly and indirectly create hundreds, and eventually thousands, of jobs in advanced manufacturing as well as many other disciplines. The annual economic impact on Vacaville and Solano County is estimated to exceed $350 million 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 company is at full production rates.
ICON will continue to manufacture production aircraft at its existing facility in Southern California before transitioning to the facility in Vacaville. The first customer aircraft is scheduled to be completed in early 2015.
For more information: ICONAircraft.com