Home » Honeywell’s $84 Million Expansion in Olathe Brings New Jobs and Opportunities

Honeywell’s $84 Million Expansion in Olathe Brings New Jobs and Opportunities

by MarketMillion

Honeywell, a leading global technology company, has announced its plans to invest $84 million in expanding its aerospace manufacturing facility in Olathe, a suburb of Kansas City. This significant investment will bring over 150 new jobs to the area, creating numerous high-tech jobs and opportunities for the local community.

Boosting Olathe’s Aerospace Manufacturing Industry

The Olathe facility currently specializes in manufacturing Honeywell’s avionics, safety and flight control systems, complex radio frequency systems for traffic collision avoidance, radar altimeters, and weather radar. The expansion will transform the facility into one of Honeywell’s most technologically advanced aerospace manufacturing facilities.

Honeywell Aerospace Technologies President and CEO, Jim Currier, stated that the expansion would enable the development of a strong and resilient domestic supply chain for next-generation avionics and printed circuit board assemblies that both commercial and military customers can rely on.

Supporting Job Growth and Economic Development

The governor’s office estimates that Honeywell’s expansion will support over 200 jobs in other sectors, and the construction will create more than 260 temporary jobs in the state. Kansas Gov. Laura Kelly expressed her excitement about the high-tech jobs and opportunities being created, stating that it will allow even more young workers to find their dream careers right here in Kansas.

According to Gov. Kelly, the project is expected to generate $47 million in total gross domestic product and contribute over $18 million in taxes in its first six years. U.S. Sen. Jerry Moran also highlighted the hard-working men and women of Kansas who have earned a reputation within the aviation manufacturing community for quality work, further emphasizing the significance of this announcement.

Invest in a Home Near Olathe’s Thriving Aerospace Manufacturing Industry

With the expansion of Honeywell’s facility in Olathe and the influx of new job opportunities, now is the perfect time to buy a home near this thriving aerospace manufacturing hub. Some of the most sought-after neighborhoods in Olathe include Cedar Creek, Prairie Highlands, and Forest View.

These communities offer a variety of housing options, from single-family homes to luxury estates, ensuring that there is something for everyone. Additionally, the area boasts excellent schools, parks, and recreational facilities, making it an ideal location for families and professionals alike.

Find Your Dream Home with a Trusted Real Estate Agent in Olathe

As you embark on your journey to find the perfect home in Olathe, partnering with a trusted real estate agent can make all the difference. A local expert can provide valuable insights into the housing market, neighborhood trends, and available listings, ensuring that you find a home that meets your needs and preferences.

With the exciting growth and development in Olathe’s aerospace manufacturing industry, there has never been a better time to invest in a home in this thriving community. Start your home search today and discover the many benefits of living near a world-class aerospace manufacturing facility.

Related Posts

MarketMillion is an online webpage that provides business news, tech, telecom, digital marketing, auto news, and website reviews around World.

Contact us: [email protected]

@2022 – MarketMillion. All Right Reserved. Designed by Techager Team