By the Associated Press
January 31, 2011
WINSTON-SALEM, N.C. — WINSTON-SALEM, N.C. (AP) A new in Winston-Salem-based aircraft maintenance company getting hundreds of thousands of taxpayer dollars says it plans to create more than 300 jobs over four years.
Gov. Beverly Perdue’s office said Thursday that NS Aviation made the pledge after landing $300,000 from the One North Carolina Fund. The Forsyth County Board of Commissioners agreed to channel another $300,000 in foundation money to the company.
Some money is going to buy equipment that would be leased to NS Aviation, which has contracts to maintain Boeing 737 aircraft.
The company would fill a void left at Winston-Salem’s Smith Reynolds Airport since last year’s bankruptcy of Pace Airlines, which left hundreds of employees without pay.
NS Aviation plans to revive much of Pace’s former repair business.