Business View Magazine l November 2022

256 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 11 on the industrial park side and since we have so much land, the Airport has 3000 acres, and the park is another 1100. There are some 75 businesses located within the park, but both here and on the airport land there is extra property, so we look at land release, sale, and lease projects to increase revenue. For example, we recently sold a 30-acre site to a developer who then leased that property to FedEx, and they built a 200,000-square-foot distribution center. That property sold for $1.9 million, and the sale proceeds went into a fund that will be invested into the airfield over five years.” “In the Industrial Park we have a lot of businesses that are directly related to aviation,” he continues, “Honeywell Landing gear systems, for example, there are aircraft repair facilities, we have Goodyear, who refurbishes aviation tires, Arturos Aircraft Interiors who do the upholstery inside of the aircraft. So, through the industrial park, we do make money, but there is also a relationship with many additional benefits making the airport a very attractive environment for job creation, as well as an opportunity for new business.” For this calendar year, Kingsman Municipal has budgeted for over $35 million worth of capital projects on the airfield and in the industrial park. This includes drainage base repair, refurbishing the main taxiway – which will also open additional sections of the ramp, creating some 15 acres for additional business use, and then there will be more land release projects. They are also working on an environmental cleanup which will finally reclaim 50 acres now contaminated with Aluminum dross leftover from the smelting of planes. “The runway rehabilitation was done in 2020- 21 with FAA grants to the tune of roughly three million dollars,” says Breckenridge, “and we have an additional upcoming taxiway project for which we are seeking five million. We work Jeremiah Straube | Sales Director | 808-228-7841 | SalesSas@airstraube.com Visit our website at Airstraube.com to learn more about our Company, our amazing Personnel and the World Class Services we offer. W e P a i n t t h e S k i e s ! Straube’s Aircraft Services is a family owned and operated business that began with a paint gun and one man’s vision in 1985. The company has grown over our 37 years to now include 4 locations across the USA, in addition to a mobile crew that has painted aircraft across the globe. Straube’s offers custom aircraft painting and detailing services on fixed wing (airplanes), rotorcraft (helicopters), spacecraft, and static display aircraft. From celebrities, CEO’s, businesses, and flight schools, Straube’s customer list reaches far and wide including: Cal Fire, Papillon Helicopters, Red Bull, all branches of the US Military, Blue Hawaiian Helicopters, Kaman Aerospace, Leonardo Helicopters, and The Spaceship Company, to name a few. We offer free estimates, competitive rates, exceptional service, high end quality, with reasonable project down times.