October 15, 2010 - On Wednesday evening at a public hearing of the Montrose County Commissioners the Extra Aircraft assembly plant was approved by a unanimous vote of the county’s three commissioners.

Extra and the Commissioners worked together to restructure the originally proposed incentives to respond to suggestions made during the due diligence process. Extra aircraft has also obtained the support of the Montrose Economic Development Corp., the City of Montrose , the State of Colorado and Region 10 to bring over two hundred jobs to the Region. 

The County has agreed to build and lease a twenty five thousand square ft facility on eight acres on Montrose Regional Airport. Included in the approved arrangement is the agreement to build additional square footage as Extra’s sales demand increases over time. The German-based company would assemble its 500 series aircraft in Montrose and make the Montrose community its North American headquarters. 

“This is a great day for both Extra Aircraft and the citizens of Montrose. We have almost four hundred employment applications from the community and this is great news for those people who have been waiting for this process to come to fruition. We have all worked together to reach a mutually beneficial agreement. Now we are excited to start the process of opening up in Montrose” sad Ken Keith, of Extra aircraft said after the final vote was approved.