Local economic officials: Aerospace company relocating to Titusville
July 10, 2012
Titusville – Titusville will soon be home to a new aerospace company that could bring hundreds of jobs to the area over the next few years, thanks in part to the recruitment efforts of U.S. Sen. Bill Nelson.
Rocket Crafters, a Utah-based company founded in 2010, announced this afternoon that they will be relocating to Titusville by the end of this year. Nelson recently spoke to company chiefs about the benefits of relocating to Florida.
“This is great news for the Space Coast,” Nelson said today. “Moves like this will continue to bolster the commercial aerospace industry in Florida.”
The announcement of Rocket Crafters’ relocation came at a news conference Tuesday afternoon hosted by the Economic Development Commission of Florida’s Space Coast and the city of Titusville. The event featured remarks by local officials and representatives of Rocket Crafters. Nelson, who couldn’t be in Florida for the announcement, called in to speak at the event by phone.
Rocket Crafters initially plans to set up shop in temporary facilities at the Space Coast Regional Airport. By 2014, the company expects to begin building permanent facilities in the area. Rocket Crafters plans to design, test and manufacture rocket propulsion products like boosters and propulsion mechanisms, as well as dual-propulsion flight vehicles in Titusville. According to Rocket Crafters’ CEO and Chairman Paul Larsen, the relocation could eventually mean over 1,000 jobs for the area.