March 26th, 2025 by WCBC Radio
Cumberland Economic Development has announced aerospace firm SPARC Research will be locating in the Rosenbaum Building in Downtown Cumberland. SPARC works in solid rocket and air-breathing propulsion technologies. A $100,000 grant from the Senator George Edwards Fund helped create an incentive package. SPARC Research President Matt Cornwell spoke with WCBC about the opportunity…
“The idea behind the grant and the intent is to help being high-paying jobs to the Cumberland market, and we are fortunate to have this relationship and expect it to continue through different phases and our relationship with the CEDC to grow over time.”
CEDC Director Matt Miller said he hopes similar businesses will find the same value in moving to the area…
“When you talk about the salary levels that they’re bringing in, and the influx of these types of jobs downtown, I mean that’s a tremendous benefit because of the economic impact that surrounds that. These people are going to be purchasing homes and shopping downtown and eating at the restaurants.”