HondaJet hearings scheduled
The Greensboro City Council and Guilford County commissioners will hold public hearings next week to consider $1.2 million in incentives to Honda Aircraft Co.
Council members will hear from the public at 5:30 p.m. Tuesday at the Melvin Municipal Office Building, 300 W. Washington St.
The commissioners will hear comments at 5 p.m. Feb. 8 in the Old County Courthouse, 301 W. Market St.
Each board is considering giving the company $600,000. In exchange, Honda would employ 300 people at an estimated annual salary of $72,000.
The company, whose corporate offices are based at Piedmont Triad International Airport, has not begun assembling its HondaJet, which is expected to begin delivery in 2010.
The HondaJet, which still needs federal approval, features a radical design with engines mounted above the wings and will be sold in the "very light jet" market. It would seat about six people and sell for about $3.65 million. The company estimates sales of 70 jets a year.
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