The company is set to invest more than $20 million into capital projects, including $9.5 million in building renovation costs
Collins Aerospace is set to expand its microelectronics production facility with support from the City of Cedar Rapids and the Iowa Economic Development Authority (IEDA). The city’s Above Standard Economic Development program and IEDA’s High Quality Jobs program provide incentives to area businesses.
Collins’ plans include investing more than $20 million into capital projects, including $9.5 million in building renovation costs and $12.5 million in acquisition of machinery and equipment.
Expanding our production footprint allows us to continue meeting the growing demand for our products
“Collins’ high-performance microelectronics are currently developed in Iowa for use in Collins-manufactured products,” said Ryan Bunge, VP and General Manager for Resilient Networking & Autonomy, Collins Aerospace. “Expanding our production footprint allows us to continue meeting the growing demand for our products.”
Details of the project include renovation of approximately 20,000 sqft of existing manufacturing space to develop components for Collins’ military communications products, including Research and Development space to support potential future projects. The planned expansion will feature a 6,000 square feet Class 100 clean room, 5,000 square feet plating area, and a larger testing space.
Collins Aerospace is a business of Raytheon Technologies, the largest aerospace and defense company in the world.