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Inward Investment Guides

Gulfstream Aerospace Investing $500M in Savannah, Georgia

Area Development Online News Desk (11/15/2010)
Gulfstream Aerospace is investing $500 million and creating more than 1,000 jobs in Savannah, Georgia. The company will expand its existing Savannah operations to the Savannah-Hilton Head International Airport and renovate several facilities at its main campus. It will also expand offices and laboratories at the Gulfstream Research and Development center.

"This expansion is necessary to meet the industry's projected increase for new business jet aircraft and the maintenance that will follow," said Joe Lombardo, Gulfstream president. "The effect this initiative will have is very simple. It's good, high-tech jobs for Georgia, jobs for Gulfstream Aerospace, and jobs for general aviation, a vital aspect of this nation's industrial base."

Gulfstream has had headquarters in Savannah since 1967. It manufactures its G650, G550, G450, and G350 models there.

Georgia Quick Start, the state's labor program, will assist in employee training. Gulfstream also has partnerships with several local schools, including Savannah Technical College.

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