Company to invest $1.2 million in capital expenditures
By Chris Fish
BREVARD -- A French-based supplier for the aeronautics, marine and automobile industries will open its first U.S. subsidiary on the Space Coast, officials said.
The announcement was unveiled at the Paris Air Show by the Lyon, France, company, Vision Systems, which will create a 12,000-square-foot Melbourne operation at 1801 Penn St., officials said.
Florida Gov. Rick Scott and the Economic Development Commission of Florida's Space Coast President and CEO Lynda Weatherman joined Vision Systems President and CEO Carl Putman at the announcement ceremony on June 18.
"Today's announcement further demonstrates the importance of Florida's international missions," Gov. Scott said in a news release. "It's working. I am thrilled that Vision Systems chose Melbourne for its first U.S. operations. With the creation of more than 330,000 private sector jobs in just over two years and an unemployment rate below the national average, our economic formula is working to create jobs and opportunities for families."
Officials said the company will open the new facility in an existing building by next summer, establishing office space, production workshops and a clean room for the production of smart solar protection systems, a product develop by the company.
"We felt it was essential for Vision Systems to be located in America," Mr. Putman said in a news release. "We felt confident in moving our first American location to Florida's Space Coast. This location will enable us to be closer to our U.S. customers and to expand our business activities in this area."
Officials said that the company plans to hire 10 workers by the end of 2013 and generate a total of 40 manufacturing and engineering jobs within three years, averaging $40,555 in annual salary.
Officials said Vision Systems will invest nearly $1.2 million in capital expenditures.
The EDC worked on the expansion project for nearly a year.
"Vision Systems decision to expand here reminds us that the Space Coast's growing aviation industry is a known and admired commodity around the world." Ms. Weatherman said in an email. "A testament to that status is the growing roster of international companies that are opening here, including Embraer and Archo Solutions from Brazil, MidairUSA, with its Swiss parent company, and now Vision Sytems."
Officials said the Space Coast was selected by the company over other sites, such as areas in Georgia, North Carolina, Texas and other areas in Florida.
"The city of Melbourne values Gov. Scott's commitment to create jobs and is a proud partner of the emerging aeronautical business cluster in Brevard County," said Kathy Meehan, Melbourne Mayor, in a press release. "Vision Systems announced aeronautics expansion from Lyon, France, to Florida's Space Coast confirms the city's status within the international aviation community."