Government officials in the Wichita area have approved a slate of financial incentives for a new Cessna Aircraft Co. assembly plant in Wichita.
Leaders from Wichita and Sedgwick County approved the package this week. It includes $10 million in forgivable loans, the consolidation of numerous leases into a 50-year agreement and various tax breaks.
The state of Kansas has already approved $35 million in loans and bonds to attract the project. The plant would be used to build Cessna's new Citation Columbus business jet.
The expansion is expected to create more than 1,000 jobs and include $200 million in new plant and equipment.