BusinessNC broke the news that JetZero plans to open an assembly factory in Greensboro at the Piedmont Triad International Airport. From BusinessNC:
Greensboro landed its biggest economic development project with plans by California aviation startup JetZero to build an assembly factory at Piedmont Triad International Airport that it says may eventually employ 14,564 workers.
The company said it plans to invest $4.7 billion at the Guilford County site, announced during the state’s Economic Investment Committee meeting today. It’s seeking $1.157 billion in state incentives tied to meeting its job and investment targets, along with $784 million in local incentives from Greensboro and Guilford County.
The Golden Leaf Foundation, a public-private group that backs economic development in the state, is providing $60 million in support.
Long Beach, California-based Jet Zero said it considered 17 states before picking North Carolina. The jobs pledged in North Carolina will have an average wage of $89,340, the company said. Guilford County’s current average wage is $60,195.
This is the second large jobs announcement in as many weeks in North Carolina, with Amazon announcing a $10 billion data center in Richmond County on June 4th.
Smart, conservative fiscal reforms over the last 15 years have placed North Carolina in a strong place to attract major investments from businesses looking to grow.