Firehawk Aerospace is considering a headquarters relocation to Addison - Dallas Business Journal

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Firehawk Aerospace designs and manufactures hybrid rocket engines.

Welcome back to “On the Agenda,” the Dallas Business Journal column that scours the city, county and other agendas, minutes, meetings and documents to see how North Texas entities are spending money and otherwise deciding matters of importance to the business community. Tips for “On the Agenda” can be emailed toFirehawk Aerospace, Inc. is considering moving its headquarters to Addison, pending approval of an incentive grant agreement by the City Council.

Firehawk Aerospace will employ at least 55 full-time positions with an average annual wage of at least $105,000. The move will include the firm’s headquarters and research and development. The incentive package includes a grant of up to $75,000, a construction permit credit of $6,069 and an annual business personal property tax reimbursement of 50% on Addison’s portion of the tax rate.

 

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