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Bunting Magnetics Expands, Newton, KS

Newton, Kan. – Bunting Magnetics, headquartered in Newton, KS, continues to expand locally. The company recently purchased an existing 12,000 SF building, located at 1001 S. Spencer Ave, Newton, KS, to accommodate their growth. This expansion represents a capital investment of $2.8 Million and the creation of 6 new jobs.

Bunting Magnetics is a family-owned company that manufactures magnetics for industrial processing equipment. The company has multiple locations world-wide, and we are pleased they chose Newton, KS, for their investment.

“We are very excited to be able to expand here in Newton once again”, said Bob Bunting, President of Bunting Magnetics. “The new facility will be equipped with the most modern equipment we could obtain, to produce a product that is used to print on consumer packaging. Ultimately, the products will be shipped world-wide which speaks well for the capabilities of the Kansas workforce.”

HCEDC worked in collaboration with the City of Newton, Harvey County, and the Kansas Department of Commerce on this impactful project.

***Harvey County Economic Development is dedicated to the growth and advancement of Harvey County’s economy.***

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21 Albermarle to locate in Newton, KS

Newton, Kan. – Harvey County Economic Development is pleased to announce 21 Albermarle, LLC, headquartered in Honolulu, Hawaii, has chosen to expand their Kansas footprint at the Airport Addition of the Kansas Logistics Park. The company purchased 10 acres at 1st Street and Oliver Road in Newton for an initial 40,000 square-foot facility, with building expansion plans up to 150,000 SF. This project represents $2.75 Million in Capital Investment and will create 10 new full-time jobs upon completion, with an estimated 65 by the end of year 5.

The company currently has a kit manufacturing warehouse in Wichita, KS. The familiarity with the Greater Wichita Region led them to explore our MSA for their national distribution complex that will service an upcoming Ben Franklin Express Stores concept among several new businesses they plan to develop in Newton.

Wayne Kamitaki, one of the principals of the Hawaii-based family-owned business, will be developing these new business ventures. “We are honored and very grateful to have this opportunity to build our new businesses in Newton, and I hope we will be a good partner to Newton and the community. Thank you very much to Harvey County Economic Development for their support. We truly look forward to developing and growing our businesses and company in Newton.”

HCEDC worked in collaboration with the City of Newton, Harvey County, and the Kansas Department of Commerce to secure this investment for our region.

***Harvey County Economic Development is dedicated to the growth and advancement of Harvey County’s economy.***

Newton City Commission signed a letter of intent (LOI) with GAF Materials to purchase approximately 230 acres of land in the Kansas Logistics Park.

Press Release

Newton, Kan—This evening the Newton City Commission signed a letter of intent (LOI) with GAF Materials to purchase approximately 230 acres of land in the Kansas Logistics Park.  Harvey County EDC worked closely with the Kansas Department of Commerce and the Greater Wichita Partnership during a nationwide site search. The collaboration resulted in a successful site visit with company representatives earlier this year.  HCEDC is extremely pleased to have received a LOI and move to the next stage of this project.  We look forward to learning more about the total capital investment and jobs created during the due diligence phase over the next several months.  Making it to this stage with GAF keeps Newton as a front runner for this exciting development. Further demonstrating the leadership and foreplaning that has gone into Newton’s industrial property development, and placing us in contention for prominent projects from established companies such as GAF Materials.

Harvey County Economic Development is dedicated to the growth and advancement of Harvey County’s economy.

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Weatherly Aircraft to locate in Newton, KS

NEWS RELEASE                

12/20/2018

Regional Efforts Bring Weatherly Aircraft Company to Newton, Kansas

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Newton, Kan. – Through regional efforts, Harvey County Economic Development and the Greater Wichita Partnership worked with the Kansas Department of Commerce to assist Weatherly Aircraft Company in locating their headquarters and assembly operations to a 26,000 sq. ft. facility at the Newton City-County airport.

Weatherly Aircraft Company is an American agricultural aircraft manufacturer of planes designed for small grain farming. The company plans to add about 109 jobs in the next five years and invest over $1 million in capital investment.

Gary Beck, General Manager for Weatherly said, “As a first move to make Weatherly Aircraft Company’s new home in Kansas, we have selected hangar space at the Newton City-County Airport as an assembly facility for our model 620-B plane.  We appreciate the support we have been provided and will begin production within the first quarter of 2019.”

The City of Newton Commission and the Harvey County Commission voted to approve a five-year lease at a special joint meeting on Dec. 20th. Weatherly Aircraft will take possession in February, 2019 and be operational beginning March, 2019.

“Weatherly Aircraft will be a great addition to a growing list of dynamic manufacturers in Newton and Harvey County who are doing business all over the world,” said Bob Myers, Newton City Manager.

Harvey County Economic Development Executive Director, Beth Shelton said, “We are delighted to welcome Weatherly Aircraft to the Newton City-County Airport. This project is a wonderful example of collaboration between our city, county, region, and state working together to facilitate growth and create valuable jobs in Harvey County.”

 “This is another terrific development for the city of Newton, for our aviation industry, and for Kansas as a whole,” said Robert North, Interim Secretary of the Kansas Department of Commerce. “Weatherly Aircraft Company’s decision to move their manufacturing operations to Kansas is the right move for them. The amount of new employment opportunities coming to Newton is really extraordinary.”

“We were honored to support Weatherly Aircraft Company’s search for new facilities outside of California by demonstrating opportunities available throughout our region,” said Andrew Nave, Executive Vice President of Economic Development for the Greater Wichita Partnership. “The Newton City-County airport provided an ideal site for this exciting aviation business and the City of Newton, Harvey County Economic Development and the Kansas Department of Commerce worked very collaboratively to make the business case to win this company to our region.”

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For additional information, please contact:

Beth Shelton, Harvey County Economic Development (316) 283-6033

Bob Myers, City of Newton (316) 284-6001

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About Harvey County Economic Development

Harvey County Economic Development is dedicated to the growth and advancement of Harvey County’s economy. We strive to maintain our economic health by supporting the business and industry we have while continuing the recruitment of new industry. We have a firm belief that the vitality of our economy is directly connected to the wellbeing of each resident. For more information, visit www.harveycoedc.org.

About the Greater Wichita Partnership

The Greater Wichita Partnership works to align and focus organizations, industries, businesses, and leaders to cultivate the environment for businesses to succeed and grow in order to fast forward economic growth in the greater Wichita region. For more information, visit www.greaterwichitapartnership.org.

Park Aerospace Plans 19 M Expansion in Newton, Kansas.

Park Aerospace Plans 19 M Expansion in Newton, Kansas.

Park Electrochemical Corp

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Topeka, KAN – Park Aerospace Technologies Corp. announced today that it will be undergoing a massive expansion in Kansas.

At a special joint meeting Monday, the Newton City Commission and Harvey County Commission approved a development agreement with Park for a $19 million expansion.

The expansion will allow Park to double its number of employees, with plans to go from the current 73 employees to 146 in the next five years. The company intends to build a new 90,000 square-foot facility in order to accommodate the increased workforce, as well as to create more production space.

 “This is a company that has been doing business successfully in Kansas for many years, and we at the Department of Commerce couldn’t be happier to hear that they’re expanding,” said Robert North, Interim Secretary for the Kansas Department of Commerce. “Kansas will continue to be a great place for Park Aerospace Technology Corporation and its employees. Instances like this, where companies are able to grow and thrive in Kansas, are exactly what we like to see.”

As part of the agreement, the City declared a good-faith intention to grant a 10-year, 100 percent tax abatement on the new facility. The land will be leased to the company, with lease payments waived for the first 10 years. The City also agreed to build the new drive entrance on the south side of the new facility, with the cost to be shared between the City and County. The City also will waive building permit fees and utility hookup fees for the new facility.

About Park:

Melville, New York-based Park Electrochemical develops and manufactures advanced composite materials for the aerospace industry. Park’s principal manufacturing site has operated at the Newton City/County Airport since 2008. It also runs a satellite facility in Singapore.

Additional information about the company is available at www.parkelectro.com.

Kansas Representative Visits Local Business

Kansas Representative Visits Local Business

Ron Estes visits Budde Enterprises

Harvey County EDC had the opportunity to meet Kansas Senator, Ron Estes and tour Budde Enterprises this afternoon. This family owned company does it all! Custom Metal Fab, Ag Services, Mechanic Shop, Tool Repair, and even Event Catering! They have almost tripled in size over the past 15 years and are perfect example of thriving entrepreneurship right here in our back yard.