The company will occupy temporary space on airport property while a new 44,000-square-foot hanger is being built, according to the Metro Orlando Economic Development Commission (EDC).
Avocet’s anticipated capital investment is more than $5 million. The Metro Orlando EDC and Seminole Community College are helping the company secure a Quick Response Training Grant, which will help Avocet hire and train 150 new employees, primarily mechanics who will earn an average of more than $45,000 annually.
In other Orlando economic development news, the Father’s Table, a dessert manufacturer based in Sanford Airport, announced that it will expand into an 118,000-square-foot facility near the airport.
The growing company will make apple dumplings and Swiss cake rolls at the location, while maintaining its cheesecake business in its original location. The expansion will create 30 new full-time and 20 seasonal jobs and is expected to generate more than $2.5 million in capital investment, according to the Metro Orlando EDC.