This can't be good: Empire Aero CEO resigns .
Empire Aero President Brian Olsen has resigned, a spokeswoman for Empire’s parent company, IAI North America, said. . .Sounds shakey, no?
In November, the company laid off about 88 people from its workforce . . .
Oneida County Executive Anthony Picente said he was concerned about Empire Aero’s stability because the aircraft maintenance industry was being affected by the national economic downturn. . .
Local officials have billed Empire as a key element of the rebirth of Griffiss . . .
More than $27 million in county, state and other grant money has been spent on structures now being used by Empire, he said.That's a lot to spend for one company . . .
Not mentioned is the major money spent on an MVCC aircraft maintenance training facility that is closely associated with EAC.
Also not mentioned is that this is only a portion of what has been spent on an airport that is clearly too big for our needs!
Even if Empire leaves, that money isn’t lost, Picente said.
“It will benefit us no matter who is there,” he said
Yeah? HOW? . . . I see just more empty buildings that the taxpayers have to market and pay to maintain.
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1/30 update: Larry Tanoury, Jr. has a lot to say about this.