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This grant will provide funding to the NC Global Transpark Authority to support North State Aviation, LLC (NSA), a maintenance, repair, and overhaul company, with an expansion at the Global Transpark (GTP). NSA, which has one existing location in Winston-Salem, is pursuing a new business opportunity that requires a second location with a sufficiently long runway for 737s to land and at least one aircraft hangar. By the end of 2017, NSA expects this business opportunity will allow it to create 109 new jobs at an average wage of $39,688. NSA will also make $900,000 in capital investments. The GTP has the runway and an available hangar, but NSA requires certain improvements to the hangar to meet its needs. Golden LEAF funds will be used for improvements to the hangar, which will be leased to NSA at fair market value.
Any project more than a couple of years old may not reflect current Board priorities.
Please contact a staff member with any questions.