September 26, 2019 Space Florida, MHD-Rockland invests in Keystone Airport
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KEYSTONE HEIGHTS – MHD-Rockland is significantly investing in a pilot training and resource center at the Keystone Heights Airport.
MHD Rockland Services Senior Program Manager Todd Falconer said the company will receive up to $24 million in backing from Space Florida. The loan would be used to build a hangar facility, warehouse, an office, a taxiway and ramp space.
The Canadian company operates a training school at the airport and currently leases two hangars and a warehouse.
“We met with Space Florida several times. There were a bunch of disclosures we had to provide to them,” Falconer said. “But with our company, everything you can imagine is a very detailed process.”
The facility is scheduled to open in two years and would feature 150,000 square feet of warehouse, hangar, training and office space.
“We’ve been present in Florida since 2012 and are delighted with our decision to build and expand in the state,” said MHD-Rockland CEO Bryan Dollimore. “... We’re optimistic about growing our presence and contributions in Keystone Heights and throughout the state as we deliver our specialized training and services to customers and assert the status of Florida and the United States as leaders in the global aerospace industry.”
Space Florida approved the funds at its July Board of Directors meeting, according to an MHD-Rockland press release. Falconer said good will from Keystone Heights Airport’s accommodation meant investing at the airport was a positive step.
“We’ve always had a lot of support from the airport itself. It’s a primary reason for us deciding to stay there,” Falconer said. “They’ve been fantastic business partners with their mentality and the way they work. They’ve been straightforward with us since Day One and we try to do the same.”
Keystone Heights Airport officials praised the loan and MHD-Rockland’s commitment.
“The (Keystone Heights Airport Authority) is pleased that Space Florida recognizes the incredible asset that MHD Rockland Services is to the Keystone Airport and surrounding communities,” Airport Board Chairman David Kirkland said. “We look forward to working with them as they continue to develop their new facilities.”