Albuquerque Cuts Ties With Orion Center Aerospace Company
ALBUQUERQUE, N.M. (AP) Albuquerque city officials are cutting ties and moving on from plans for what they had hoped would be a flagship addition to New Mexicos burgeoning aerospace industry.
The city announced Friday that the Washington, D.C.-based aerospace company behind the planned Orion Center never signed a lease agreement and has not followed through on its commitments. Officials said concerns had been raised about Group Orion and its parent company, TGI.
Plans at one point called for building a large campus on city land near the airport a project that company officials had said could one day employ as many as 2,500 workers. Group Orion had plans to map and model the Earths surface using a network of satellites.
Upon City Council approval of the land and lease agreement in April, the city asked TGI to sign the agreement and make an initial payment of $1 million, which did not happen.
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