Aerospace and defense news from Central-to-North Mississippi and Central Louisiana region.
Saturday, August 4, 2018
New Vertex HQ for Madison
American Industrial Partners’ Vertex Aerospace is making its Madison, Miss., site its corporate headquarters with a $1.42M investment and about 70 mostly-administrative jobs over the next two years. Vertex, a former subsidiary of L3 Technologies, is a leading provider of specialized aerospace sustainment and support services. It is a recognized firm for contractor logistics support and aerospace services. The firm was originally founded in Mississippi back in 1975. The Mississippi Development Authority is providing assistance for building improvements and workforce training. Madison County Economic Development Authority is the local sponsor for incentives and plans to work with Vertex and the county for additional tax assistance. Vertex has annual revenues of $1.42B, and employs some 4,200 workers throughout 100 operating sites, including Crestview, Fla. (Source: Clarion Ledger 08/03/18)
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