This project was highly competitive, and MSC has other facilities in Texas. The GOED Board of Directors has approved a 20-year Economic Development Tax Increment Financing (EDTIF) post-performance refundable tax credit of $32 million for MTI and SJA, or 25% of the $127 million in new state tax revenues which will be collected by the state.
New Additions Fly High in the Aerospace Industry, Utah Governor's Office
SyberJet Aircraft Announces Cedar City, Utah as the Location for its Headquarters and New SJ30 Assembly Plant, SyberJet.com
SyberJet Accepts Tax Incentives, Headquarters in Cedar City; 1200 New Jobs, St. George News