A Newington aerospace company has acquired 8 acres in New Britain where it plans to relocate and build a $8.5 million facility.
Polamer Precision, Inc. purchased the property in the former Pinnacle Heights low-income housing project for $500,000.
The company has received a $3 million loan from the state Department of Economic and Community Development to purchase equipment. The city also has approved a package of tax breaks.
The 150,000-square-foot facility, expected to be completed by next fall, will be nearly five times the 33,000-square-foot facility Polamer now occupies in Newington.
Polamer, which builds airframe components for commercial and government aircraft, said it plans to add 78 jobs in the next four years.