Raytheon expanding Navajo Nation facility
Tucson-based Raytheon Missile Systems has broken ground on a new, $4.4 million warehouse at the Raytheon Diné Facility, on the Navajo Nation near Farmington, New Mexico.
Once completed, the 30,000-square-foot warehouse will house all inbound materials and completed projects, Raytheon said.
Production work at Diné centers on mechanical and electro-mechanical assembly, as well as cabling for numerous defense products. The Raytheon operation has about 200 employees.
Design of the new building was funded by the state of New Mexico, Raytheon said.
The Navajo Nation is funding the building’s construction and will lease it to Raytheon, the company said.
Construction is expected to begin by December, with completion scheduled for June 2015.
During the groundbreaking event, Raytheon also celebrated 25 years at Diné with an open house for employee families and a math and science learning event for Navajo students.
Tucson-based property management firm acquired
FirstService Residential, a nationwide residential property management company, has acquired Y Cross Management Group, a Tucson-based community association management company.
Terms of the transaction were not disclosed.
Founded in 2004, Y Cross Management currently manages 60 associations, representing 9,000 units in Tucson and Southern Arizona.
The company is headed by Andrew Way, who will continue to manage day-to-day operations as FirstService Residential’s senior vice president for Southern Arizona, FirstService said in a news release.
Arizona Daily Star