It’s been months since city, county and business officials said the community would have to pony-up some cash to ensure Cessna builds its Columbus jet here in Wichita. Now the loan — or the city’s share of it, anyway — is on the table.
City Council members Tuesday are all but assured to approve their $5 million share of a $10 million city/county forgivable loan. The money will help the aircraft giant build new facilities to build the jet in. Cessna estimates the project will result in $800 million in capital investment and create 1,000 engineering, production and support jobs. Read More