Business View-Oct 2023

258 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 10 Corporation Considerations Such a large sum of money hasn’t only been secured for the airport personnel; many hospitals and companies also rely on the corporate flight services that Thief River Falls Airport provides to fly in medical specialists and conduct business. Hedrick mentions a few key players that rely on them, saying, “So Arctic Cat is also based here. Arctic Cat is now owned by Textron Inc., and Textron has a lot of businesses. They own Cessna and E-Z-GO… Bell Helicopters… so they’re flying in on a regular basis to conduct business in town.” In addition to these giants, there’s DigiKey Electronics, the fourth-largest electronics components distributor in North America and the fifth-largest distributor worldwide– bringing in annual revenue of over $5 billion. Thief River Falls Airport handles approximately 20% of its total product