Motorists driving along Flight Path Drive at the Brooksville-Tampa Bay Regional Airport will notice much activity at the work site of the new Interconnect Cable Technologies Corporation facility.
The owners of the new manufacturing facility hope to open the doors by Labor Day in September.
ICTC has operated in two buildings at the airport industrial park Hernando County Airport since 1988 in a 24,000-square-foot building.
But the company, with 76 full-time employees, announced last year that rapid growth made it necessary to move to a larger site, a 43,000-square-foot building at 16090 Flight Path Drive.
The new company location commands a good view of the airport’s new control tower and is just east of the Office of Business Development near Sam Pearson Way.
“Our business is growing and we need more space and more resources,” said company CFO Mary Alice Betts.
The company formally focused on cable assembly but expanded into circuit boards, which accounts for most of the growth, she said.
The airport owned a building on the four-acre site in the industrial park. Originally designed for the manufacturing of roofing trusses, the building was vacant.
The owners of ICTC bought it “as is” and set out to renovate it, creating 43,000 square feet of work space.
The company will invest about $2.2 million and $500,000 of capital equipment in the expansion. When completed, ICTC will add 40 new full-time positions during four years.
ICTC is a global manufacturer that provides cable assemblies and other electronic equipment to various high-tech industries in the aerospace, automotive, gaming, medical, military and other areas.