Biz Blog

Choose a blog

Spirit supplier locates in Global TransPark

Bookmark and Share

The N.C. Global TransPark in Kinston announced today the name of a Spirit AreoSystems supplier that has located in the park.

DB Schenker, a New York company that provides logistics support for Spirit's raw materials needs, has been operating out of a Global TransPark warehouse since April. The company is leasing 19,000 square feet and expects to eventually provide 40 full-time jobs.

DB Schenker signed a 5-year lease to provide logistics support for Spirit, which is making fuselage sections and other components for a new Airbus plane scheduled to hit the market in 2013.

Earlier this month Spirit officially opened its 500,000-square-foot plant in the Global TransPark.

Spirit, which could receive incentives that exceed $180 million if it meets job and investment requirements, has promised to create 1,000 jobs over the next six years and at least 200 by the end of the year.

Global TransPark supporters say it's only a matter of time before more suppliers of Spirit locate in the park.

"DB Schenker's arrival at the GTP signals the continuing impact of Spirit's opening, as well as the GTP's potential to expand as an aerospace center," said Darlene Waddell, the park's executive director, in a statement.

DB Schenker's work at the Global TransPark will be similar to work that it does at Spirit's plant in Wichita, Kan. 

While Global TransPark supporters have hailed Spirit's arrival as a turning point for the park, critics say it will never produce enough economic benefits to offset all the public money that has been spent on it.

The Transpark has received nearly $250 million in state, federal and local money since 1991.

Cars View All
Find a Car
Jobs View All
Find a Job
Homes View All
Find a Home

Want to post a comment?

In order to join the conversation, you must be a member of Click here to register or to log in.

About the blogger

Business reporter David Bracken came to the N&O in 2004. He covers commercial and residential real estate. Contact David at 919-829-4548 or e-mail him.