In 2011 Black Bear Aviation, an aircraft maintenance and restoration company was founded. With humble beginnings, the business was set up at the Dexter Regional Airport in Dexter, Maine. The company was able to take advantage of the regional airport’s low leasing costs which in turn able the company to charge 25-35% lower on maintenance and restoration than its competitors. In the few years since starting, the three-employee company has moved to a larger airport and has required three hangers since demand is so high.
Black Bear Aviation is a story that is reflected by other aviation companies in Maine. The aviation maintenance industry in Maine has risen in the last five years. Currently the industry in the state employees 1,052 workers and has an economic impact of $124.7 million. Maine has been utilizing this growing industry to attract more businesses, which in turn has helped Mainers with more employment opportunities and more money being brought into the state.
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