Kihomac Industrial Revenue Bond Expansion
Summary
The county held a public hearing for a $10 million private activity bond supporting Kihomac Incorporated's aerospace and defense manufacturing expansion. This federally allocated, tax-exempt financing involves no county tax dollars or financial risk.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jun 23, 2026.
Impact analysis
None to county taxpayers; $10 million in private tax-exempt financing for business expansion.
Kihomac Inc. and local workers gaining over 50 new aerospace and defense jobs.
None identified.
Mentions & discussions (2)
Board of Davis County Commissioners - Jun 23, 2026
The county held a public hearing for a $10 million private activity bond supporting Kihomac Incorporated's aerospace and defense manufacturing expansion. This federally allocated, tax-exempt financing involves no county tax dollars or financial risk.
Board of Davis County Commissioners - Jun 2, 2026
Davis County is supporting a $10 million industrial revenue bond for Kihomac, Inc. to build a new aerospace and defense manufacturing facility in Layton. This expansion will create roughly 50 new jobs with an average annual salary of $79,000, boosting the local economy without financial risk to taxpayers.
Related development
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