County approves tax break, incentives for Sikorsky Aircraft Corp.

Palm Beach County commissioners unanimously approved a three-year property tax break of up to $128,575 for Sikorsky Aircraft Corporation, which has promised to make a $10.3 million capital investment and create 14 full-time jobs.

Commissioners also approved a $18,200 economic development cash incentive to Sikorsky.

A pair of residents opposed the tax break and incentive, but commissioners said such assistance is necessary to compete with other communities for jobs and economic development.

Check with later today for more news from this county commission meeting.

Palm Beach County Commissioners vote 7-0 in favor of nearly $147,000 in assistance to Sikorsky Aircraft Corp. (Allen Eyestone / The Palm Beach Post)

Palm Beach County Commissioners (Allen Eyestone / The Palm Beach Post)

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