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Davis County
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Kihomac Industrial Revenue Bond Expansion

Davis County

Summary

Davis County is supporting a $10 million industrial revenue bond for Kihomac, Inc. to build a new aerospace and defense manufacturing facility in Layton. This expansion will create roughly 50 new jobs with an average annual salary of $79,000, boosting the local economy without financial risk to taxpayers.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Jun 2, 2026.

Impact analysis

💰Financial impact

Up to $10,000,000 in conduit bond financing, with all fees and repayment covered entirely by the private borrower.

✅Who benefits

Kihomac, Inc. and local workers who gain access to approximately 50 new high-paying jobs in aerospace and defense manufacturing.

Mentions & discussions (1)

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