The US subsidiary of Canada-based provider of aviation maintenance, repair and overhaul services Premier Aviation has announced it will invest $32.5m in a new facility in Bay County, Florida.
Located at Northwest Florida Beaches International Airport, the new facility will manufacture Embraer’s ERJ 145, EMB 175, 190 and ATR’s ATR42 and 72 aircraft models.
The plant is expected to begin operations in mid-2025.
“Family is our most important core value, and we are overjoyed to be expanding in Bay County and creating new opportunities for people to prosper in their hometown,” said Sylvain Perron, president of Premier Aviation. “We look forward to being part of this community and are eager to break ground and establish ourselves as the region’s leader in aircraft maintenance.”
Florida is one of the only four US states – alongside California, New York and Texas – to record more than 100 inbound projects in 2022. The US state has a total Inward Investment State Competitiveness index score of 1.27, representing the number of greenfield foreign direct investment projects compared with the size of its economy.
Several industries including construction, international banking and aerospace and defence are now well-established in Florida. Among the cities considered best for investment, Miami, Tampa and Orlando come out on top.
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Founded in 1994, Premier Aviation is based in Quebec, Canada, and is part of the Hunt & Palmer group.