Gulfstream Aerospace Corp. will spend $500 million to expand its Savannah operations, creating 1,000 new jobs in the process.
The Savannah-based company announced Nov. 15 that it will build new facilities at the Savannah-Hilton Head International Airport, renovate existing buildings on its main campus and expand offices and laboratories in an industrial park.
The business-jet aircraft manufacturer is undertaking the expansion in order to meet growing global demand for jets and maintenance services, said Joe Lombardo, Gulfstream’s president.
The recent announcement follows the completion last year of a $300 million expansion Gulfstream began in 2006, which resulted in 1,100 new hires. The company is already hiring for the new positions and is working with Quick Start, the state’s workforce training agency, to help employees build relevant skills.
Gulfstream has been based in Georgia since 1967. The company is a subsidiary of Falls Church, Va.-based General Dynamics Corp.
For more information on the expansion, visit www.gulfstream.com.