Northrop Grumman Announces Melbourne Expansion May 8th, 2014 | WMFE, Orlando- Melbourne will gain 300 jobs from a Northrop Grumman Corporation investment announced today. The expansion means hundreds of millions of dollars for the region. The new center will bring 300 high-wage jobs to the area, and a possible second phase of expansion could bring 1,500 more. Melbourne City Manager Mike McNees says the economic boost goes beyond construction and company staff. “If you think about $200 million a year in payroll, that’s people buying groceries, people eating at restaurants, buying clothing, furniture, houses, automobiles,” he says. “All those people living in Brevard, spending that money – the ripple effects are enormous,” he says. McNees says a list of organizations collaborated to woo Northrop Grumman into the investment. As an incentive, the state is offering the company $21 million in cash and tax breaks. |
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