No Hang-Ups For West Star as Hangar Plan Moves Forward
KREX News Room
GRAND JUNCTION, Colo. - The Grand Junction Regional Airport voted Tuesday to approve an $8 million loan for West Star Aviation.
The loan is for construction of a paint hangar for the aviation company, which, officials they say, will bring in much-needed jobs to the Grand Valley.
The 45,000-square-foot hangar would be built near West Star's current facilities at the Grand Junction Regional Airport.
"The Grand Junction Regional Airport Authority will own the hangar and lease it to West Star. They'll make the payments," explained Denny Granum, chairman of the board.
The expansion will allow retail jet and private air craft to receive full paint services, something the company can't accommodate with their current paint facility.
Officials say the additional paint booths will open up the opportunity for new employment with the company to the tune of about 150 jobs over five years.
They also estimate the venture to result in about $279 million in local economic benefits.
"It's a good deal for Grand Junction, Mesa County, West Star and the Grand Junction Regional Airport," said Granum. "It's win-win for everybody."
West Star says they've begun the permitting process and could begin construction in as early as 30 days.
Officials with the airport authority say this project has been in the works for the past 10 months. Grand Junction's location beat out one of West Star's other facilities in Illinois to have the hangar built on the Western Slope.