Wichita-based APEX Engineering International LLC (AEI), a fully integrated producer of aircraft parts and assemblies for both new and existing aircraft, has selected Wichita for a new project to build large aircraft sub-assemblies for Tier 1s and OEMs. The project involves expanding the workload at the existing Wichita plant.
AEI’s clients include Bell Helicopter, Boeing, Bombardier, Cessna, Gulfstream, and others. Their administrative offices are located in Wichita with plants are located in Wichita and Ada, Okla.
The Greater Wichita Economic Development Coalition (GWEDC) and other economic development partners worked together to secure the deal for Wichita.
Jobs: 168 base jobs plus 108 new full-time jobs over the next 5 years
Base Average Wages: $35,363 plus benefits
Capital Investment by APEX: $5.9 million ($5.7 million in new equipment; $0.2 million in building improvements)
Direct and Indirect Impact to Regional Economy over Ten Years: 215 new full time jobs and more than $7 million per year (estimated by the Center for Economic Development and Business Research)
Status and Job Investment Funds
The project was approved at both the Wichita City Council meeting on Dec. 2 and at the Sedgwick County Commission meeting on Dec. 10. Our thanks to the elected officials at both the City and County for supporting economic development in the Wichita area.
Local: $180,000 total investment from the City of Wichita ($90,000) and Sedgwick County ($90,000).
State: Promoting Employment Across Kansas (PEAK) and Kansas Industrial Training (KIT) Programs are being offered to AEI for this project.
Over the last ten years, AEI has paid almost $1 million in total property taxes, $231,557 of which is the estimated Sedgwick County share.
The city of Charleston and the state of Texas actively recruited AEI’s expansion project. The city of St. Louis was also a strong contender for the project since equipment relocation costs would not have to be incurred.
GWEDC Project Assistance
- Discussed options available for financial and training assistance programs
- Provided workforce information
- Developed appropriate package for incentive and training
- Coordinated the completion of applicable forms
GWEDC Project Lead
DAVID O. BOSSEMEYER
Greater Wichita Economic Development Coalition
Vice President of Business Development
Other Economic Development Partners
Business Development Consultant for the Kansas Department of Commerce
City of Wichita Economic Development
Sedgwick County Economic Development