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Parsons, Performance Drones agreements approved; city ties incentives to job performance
Summary
Council approved project development agreements that staff say will add 200 jobs at Parsons and 525 jobs at Performance Drones, with city incentives structured as per‑job reimbursements tied to performance.
The Huntsville City Council on Aug. 14 approved project development agreements intended to secure new jobs and capital investment from two firms.
Shane Davis, director of urban economic development, presented the agreements. He told council that Parsons Corporation will make a $5 million capital investment at its Huntsville campus and add 200 jobs; the annual average minimum wage requirement for those jobs is $100,550. The city's…
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