A tentative lease agreement has been signed between Coffeyville Industries and Quartz Mountain Aerospace (QMA), an aircraft manufacturer headquartered in Altus, Oklahoma. QMA desires to expand its aerospace manufacturing operations in Coffeyville by producing the sheet metal subassemblies necessary to support accelerated production of their Model 11E single engine piston aircraft at their Altus manufacturing facility. This agreement will provide immediate manufacturing space for the aircraft maker to expand its manufacturing operations into the State of Kansas with the lease officially beginning on July 1, 2008.
QMA has received airworthiness certificates from the FAA on their first four Model 11E production aircraft and will be steadily ramping up production. QMA will begin immediate hiring to staff initial start-up operations within the leased space located on property currently operated by Morgan Trucking. This property consists of a shipping/receiving area and a separate annex for placement of aircraft assembly tooling.
