Airplane repair firm commits to Brady

In a story of economic development that is taking on a life of its own, Brady and McCulloch County’s newest resident business is Carthan Aviation, an aircraft repair and refurbishment operation that is in the process of setting up a temporary working facility at Curtis Field. The startup company, owned by Rick and Darlene Carthan of Oklahoma City, is still in the preliminary stages of organization. To date, the Carthans have signed a user agreement with the City of Brady to set up in the hangar currently being used by Texas Aerocolor. According to Mr. Carthan, he and his wife have been looking for a place like Brady for some time in which to open their business. “We have always wanted to settle down in a small town and Brady is a perfect place,” said Carthan. “What we want to do with this business is provide good jobs for people in this community. We want to do everything we can do to help out from a business standpoint.” The Carthans have already begun the move to Brady despite the lack of a complete and finished business plan. As a sign of intention and desire, the Carthans a have already rented a home in the area in which to live while the plans and eventual construction take place. According to Carthan, he hopes to have a crew in town working on temporary aircraft jobs within the next month while the details of long-term contracts with Saab and American Eagle are ironed out. In a called meeting with the Brady Economic Development Corporation last Monday, the Carthans approached the EDC with a loan request to assist in the financial planning that is required in a venture of this magnitude. The EDC agreed to issue the Carthans a low-interest loan for $25,000 to assist them with the engineering and the legal and business plan development. The loan will be repaid by the Carthans despite the outcome of the business venture and as the business develops, a portion of the loan could be forgiven over the next five years. “I am not looking for handouts,” Carthan told the EDC. “I am simply looking for a loan to help defray the costs in getting this business off the ground.” The business plan being developed could have an economical impact on this community similar to another large corporation opening a facility in town. Preliminary estimates by Carthan show the relocation of at least seven individuals to Brady to work on aircraft while the permanent facilities are being constructed. Once the facilities are built and the company moves into full operating

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