Business & Development-Economic Development Division Updates

Updates in the City of Urbana

FRASCA INTERNATIONAL

Frasca International, Inc. - located in north Urbana - has been awarded a contract from the US Navy to build ten on-ground helicopter flight simulation training devices. Frasca will serve as a subcontractor to FlightSafety (located in Colorado) for the $73 million military contract, the largest contract received by Frasca to-date. Frasca will construct the devices over the next two years.

IDEA STORE

The Idea Store, a recycle craft goods retail store, has announced their opening in Lincoln Square Mall on October 24th 2018. The move will allow the store to expand their offerings.

To see more from the Economic Development Division, open the attached document.

2018 September Business Development Report.pdf