The apparel and footwear giant VF Corporation has purchased a 1.3-acre site at the Centennial Airport in Colorado where it plans to build its own hangar.
The Fortune 500 company, which has moved its corporate headquarters from Greensboro, North Carolina to Denver, says it needs the hangar to accommodate the aircraft used by VF Corporation officials.
The Centennial Airport site, which VF purchased for $10.3 million, is 17 miles to the southeast from the company’s new Lower Downtown office at 1551 Wewatta Street.
Boasting more than thirty outdoor, work, and active clothing brands, VF currently dominates the backpack market with such names as North Face, Timberland, Eastpak, and JanSport.
VF announced in 2018 that it was relocating its headquarters to Denver, securing $27 million in state incentives in the process, and moving some eight hundred employees to the Mile High City.
The company has not yet revealed when it will begin work on the new hangar.
By Garry Boulard
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