Honeywell To Invest $84 Mn In Expansion Of Kansas Aerospace Manufacturing Facility

Honeywell have announced that it will invest $84 million to expand its Olathe manufacturing facility in Kansas.

The project, which is expected to generate nearly $47 million in total gross domestic product (GDP) and contribute $18.3 million to state and local taxes in the first six years, supports the company’s alignment with the compelling megatrend of the future of aviation.

Annual operations of the newly expanded facility will create ongoing economic benefits that include directly employing an additional 156 workers at the facility and supporting more than 200 jobs in other sectors of the Kansas economy.

Additionally, the Olathe manufacturing facility will create economic benefits during the construction period and subsequent operations of the expanded facility.

The construction and installation of new equipment in the facility will create temporary, one-time economic benefits that include 268 one-year jobs supported in Kansas and generating nearly $25 million in GDP.

Noteworthy, this expansion will create one of Honeywell’s most technologically advanced aerospace manufacturing facilities.

The 560,000-square-foot facility currently manufactures components for Honeywell’s avionics, safety and flight control systems and complex radio frequency systems for traffic collision avoidance, radar altimeters, and weather radar.

About Honeywell

Products and services from Honeywell Aerospace Technologies are found on virtually every commercial, defense and space aircraft.

The Aerospace Technologies business unit builds aircraft engines, cockpit and cabin electronics, wireless connectivity systems, mechanical components and more.

Its hardware and software solutions create more fuel-efficient aircraft, more direct and on-time flights and safer skies and airports.

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world.

Its business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Connected Enterprise integrated software platform. 

Source: https://www.honeywell.com/us/en/press/2024/02/honeywell-to-invest-84-million-in-expansion-of-kansas-aerospace-manufacturing-facility