Textron: Slidell lease extension for 1 to 3 years
SLIDELL - Textron Marine & Land Systems' offices will remain in Slidell for at least another year.
The Textron Inc. division said Wednesday that it has a lease extension through May 31, 2014, with two one-year options, pending approval by the Slidell City Council. The current lease ends in May.
The division makes and supports military vehicles, ships and boats. It has leased offices from Slidell since 2007. Its factory is in eastern New Orleans; it has an assembly plant and a warehouse in Slidell.
Terms of the extension were not disclosed in the company's news release.
The company's senior vice president and general manager, Tom Walmsley, and Slidell Mayor Freddy Drennan say both sides worked to reach a fair and reasonable agreement.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Most state employees did not get their Oct. 1 pay raises
Program scheduled to aid domestic violence victims
Ascension Parish schools see drop in temporary buildings, but it's still an...
$116 million in FEMA reimbursements tied up
Audubon rehabilitates and releases endangered Kemp's ridley sea turtle