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Merced County officials say Alteon Training will launch the $25 million program at a business center next to Castle International Airport in February.
The county has spent more than $17 million since 2003 refurbishing the base property to make the airport financially viable.
The program will be jointly run by Alteon and the Sierra Academy of Aeronautics and will train about 200 pilots a year to fly Boeing 737 passenger airliners.
The center is expected to bring in $8 million a year in revenue.