Atlas Air to stay grounded in Westchester
Atlas Air announced at a news conference today it will be staying in Westchester thanks to a number of incentives offered by the county and state.
The company, a cargo and military passenger transport company, was thinking about moving, but thanks to a roughly $9 million package of incentives offered by the county and state, the company decided to stay put.
CEO Bill Flynn said it was more than just the money that kept them there.
"When we thought about the risk of interruption to service to our customers, and then disruption to our employees that a move like this would make, that more than anything else drove the decision," said Flynn.
The company said the incentives will keep the company where it is for at least the next 10 years.
For the complete press conference, go to channel 612 on your digital cable box and select iO Extra.