BAE Systems is soon adding a new research and assembly plant, which will be located in Cedar Rapids, Iowa. So this investment will cover building a 278,000-square-foot facility that will meet all of their specific needs. In order to do this, the investment will total $100 million. This will also mean new, high-quality job opportunities for people in the area. So this is great news for the local economy.
From Area Development Magazine:
“Our world-class military GPS business is built on the rich talent pool in Greater Cedar Rapids. […] This investment will provide our high-tech […] experts with a world-class workspace and the tools to enhance operational excellence.” […]
“BAE Systems is a first-class company, and we’re [glad] they chose Iowa and Cedar Rapids for this beautiful new facility. […] This project exemplifies our economic development strategy in Iowa, which is about focusing on innovation and attracting quality jobs that will raise the standard of living and create wealth for our state.” […]
“We’re excited that BAE Systems has chosen to locate its new facility in Cedar Rapids and look forward to working with them on the project. […] By committing to build their new campus here, BAE Systems is advancing Cedar Rapids as a high-tech aerospace and defense hub, providing high-quality jobs and business opportunities, and initiating one of the largest capital investment projects in city history.”AREA DEVELOPMENT MAGAZINE
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