EVOLVE News
AURA AERO DEAL TOPS LIST of Year ’ s Economic Successes
A
500,000-square foot facility creating more than a thousand jobs with an investment of more than $ 172 million topped the list of economic development projects to land in the region in 2024 , but it has plenty of company .
While Volusia County ’ s success in bringing French aerospace firm Aura Aero to the area , Flagler and St . Johns counties also saw success over the past 12 months in attracting new business development . And those successes were fueled by hard work , teamwork and a vision for the future .
For Keith Norden , president and CEO at Team Volusia EDC , the deal to bring the French aerospace firm ’ s U . S . facility to Volusia County was a highlight of the year .
“ Team Volusia is proud to have played a key role in one of the largest business recruitment wins for Volusia County ,” he said . “ The projected impact of this new 500,000-square foot facility provides 1,030 jobs with an average wage of $ 73,695 and a capital investment of over $ 172 million .”
Norden described Aura Aero as “ a groundbreaking international company with an innovative product ” and said it will benefit future economic development efforts .
“ An exciting win like this further elevates Volusia County as an excellent place to locate your business , especially within the aviation and manufacturing industries , which are strong sectors for continued growth in our business community ,” he said .
Norden said the effort to bring the company to the area involved a who ’ s who of local organizations and governments .
“ A vital component of Team Volusia EDC ’ s successful business recruitment process is to bring together key stakeholders across our community , across both the public and private sectors ,” he said . “ In locating Aura Aero to Volusia County , we were proud to work with several of our valued partners , including the CEO Business Alliance , Volusia County , City of Daytona Beach , Embry-Riddle Aeronautical University , CareerSource Brevard Flagler Volusia , the Daytona Regional Chamber of Commerce , Daytona State College , and SelectFlorida / FloridaCommerce . And Volusia County ’ s commitment to the site readiness of the location at the Daytona Beach International Airport was a notable factor in this project win .”
The collaborative effort was also hailed by Lou Paris , Volusia County director of economic development .
| 8 | EVOLVE MAGAZINE | Evolve-Success . com