Business View Magazine | April 2020

114 BUSINESS VIEW MAGAZINE APRIL 2020 “They take outdated foreign fighter jets, fix them up and modernize their technology to help support and train United States airmen,” Shore says. “They were recently one of seven civilian contractors awarded a piece of $6.4 billion dollars in DoD contracts, and they’re a unique tenant here.” The Airport is also home to some 50 general aviation aircraft, and according to Shore, there’s a waiting list for GA hangar space. “We are ready to build more,” she reports. “We’re just waiting to phase out some old hangars so that we can tear those down and replace them with more modern hangars.” Shore adds that the Airport would build those new T-hangars itself, perhaps in combination with some, as yet, undesignated grant money. The Airport also offers ground leases to prospective developers who, because an area of the Airport is in an Enterprise Zone, would be able to take advantage of certain financial benefits. “We do as much as we can to help provide some of the infrastructure and then we allow any developer who wants to come in to take advantage of the incentives available for development purposes,” Shore explains. “We also may offer a rent abatement that may compound with the tax incentive to provide for a minimal cost for any size business that might need a place to develop.” “We do our best to be as economically-friendly LOGISTICS CAPITAL River Access | Trucking | Highways | Freight | Amtrak | Airport Great River Economic Development Foundation 300 Civic Center Plaza | Suite 256 | Quincy, IL 63201 (217) 223-4313 | gredf@gredf.org | www.gredf.org Reach two-thirds of U.S. & parts of Canada 3 Hour Flight 3 Day Drive 4 Day Freight 12 -month Barge Traffic QUINCY&ADAMS COUNTY, ILLINOIS