Feds Award $700K For Airport Industrial ParkPosted: Updated:
The federal government has granted more than $700,000 to help develop an industrial park at Watertown International Airport.
The industrial park is being built by the Jefferson County Industrial Development Agency. The grant, from the U.S. Department of Commerce, will fund improvements to water, sewer, and fiber-optic services.
The investment is expected to help attract new business to the airport park, create 40 new jobs, retain 90 jobs, and spur $3.5 million in private investment.
Plans include preparing nine shovel-ready parcels which would offer space in the manufacturing, lighting, and office facilities sectors.
"A business is looking for a location, they decide to go there, they don't want to wait for two years for you to put all the infrastructure in place," said David Zembiec, deputy CEO of the JCIDA.
JCIDA officials believe the location near the airport and close to Canada makes it an attractive spot.
Optimistically, the business park could employ up to 200 or 300 people.
The first company to locate in the park will be Hi-Lite Airfield Services, a company now based in Adams that specializes in airport and taxiway markings.