The New Mexico Economic Development Department (NMEDD) awarded Roswell’s CAVU Aerospace company their full request of $61,600 for its more than 40 trainees as part of the NMEDD’s Job Training Incentive Step-up Program (JTIP). Roswell-Chaves County Economic Development Corporation had advocated with CAVU Aerospace for their request due to the company’s commitment to people here in Roswell, Chaves County, to create jobs and provide aviation opportunities.
The Step-up Program is an aspect of JTIP that serves incumbent employees and their employers through training and reimbursements. Training and development result in new knowledge and skills in the workforce that increase employee engagement, satisfaction and loyalty. A well-trained and developed workforce reduces costly turnover and delivers higher performance for business.
Qualified companies in New Mexico that participated in the program will be reimbursed up to 75% of the cost to provide training for current employees up to $6,000 per employee. The program covers a variety of training, from custom management and supervisory training offered by a local college to industry-specific training.
Some information about CAVU Aerospace:
CAVU Aerospace was founded in Stuttgart, Arkansas, in 2010. In 2016, CAVU expanded its operations to Roswell, New Mexico, to include a certified 145 Repair Station in 2019. CAVU Aerospace has become one of the world’s leading providers of aircraft asset management, disassembly and recycling services while supporting various models to include wide- and narrow-body transport-category airframes and engines. The 145 Repair Station uses FAA-certified technicians to provide maintenance services from engine removal, detailed inspection, precision installation and accurate testing to controlled storage.
CAVU is a strong community supporter, and is involved with local youth and industry programs.