The Albuquerque Journal reports the city of Albuquerque is prepared to help pay Eclipse Aerospace’s rent at the Sunport, Albuquerque’s public airport, in exchange for the company adding 100 high-paying manufacturing, engineering, and administrative jobs over the next 2 years.
Under a tentative deal announced Dec. 20, 2013, the city and state would offer up to $635,000. The money would come in increments for each 10 new jobs added by Eclipse. The addition of 100 jobs would bring Eclipse to 275 employees.
The proposal still must be submitted to the City Council for approval.
The company delivered its first Eclipse 550 jet to a customer one day earlier.
Further details of the plan are here.