Area Development
Honda Aircraft has announced a major expansion of its private jet manufacturing facility and other operations at the Piedmont Triad International Airport (PTI) in Greensboro, NC. The company will construct a $20 million maintenance repair and overhaul facility here in Guilford County as part of its comprehensive plan to invest $80 million and add 419 jobs over the next five years.

The average salary of the new jobs will be $53,000 (plus benefits), according to Gov. Bev Perdue.

"We are delighted to begin writing this next chapter of our growth," said Michimasa Fujino, president/CEO of Honda Aircraft. "This [project] will also reinforce Honda's contribution and support of state and regional efforts to continue developing the aviation and aerospace cluster in the Piedmont Triad Region."

A $1 million grant from the state's One North Carolina Fund will help make the expansion a reality.