Boom Supersonic Plans Greensboro, North Carolina, Manufacturing-Assembly Complex

URLhttps://www.areadevelopment.com/newsitems/1-27-202
SourceArea Development
Date Published01/27/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Boom Supersonic
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1750
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2030
Domestically, the work will be done:In-house
Capital investment ($):500
City reshored to:Greensboro
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredOverture supersonic airliner
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:up to $87.2 million
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