Economic Development Newsroom

Mar 29, 2023

North Carolina is where business thrives. From the Wright Brothers’ first flight at Kitty Hawk to today’s cutting-edge research, North Carolina continues its legacy as an aerospace leader. PwC ranks our state fifth for aerospace manufacturing attractiveness. Dozens of top aerospace companies have major operations in North Carolina. These include pioneers like GE Aviation, Honda Aircraft Company, HAECO, Cyril Bath, Raytheon Technologies, and Spirit AeroSystems. Aerospace companies choose North Carolina for its winning combination of location, world-class workforce, industry strength, and business-friendly environment. Top-tier customized training programs support industry success. Home to more than 10.5 million residents, our state is the ninth largest in population and ranks third for highest net migration rate in the U.S. With a designation by Forbes as “Best State for Business” three years in a row, more businesses and individuals are joining our community every day.  When deciding where to expand or relocate, consider North Carolina.

2023 ECONOMIC IMPACT OF PTI

Map of available sites to build on

Statistics showing PTI’s impact:

  • Jobs Support: 21,540
  • 284 Million in tax Revenue
  • 3.04 Billion in Personal Income
  • 9.3 Billion in Economic Impact
  • 866,700 N.C. Populations within 30 Minutes of the Airport
  • 65,932 Operations (Annual)
  • 107 Based Aircraft
Honda Jet 2600 Concept

Honda Jet 2600 Concept

GREENSBORO, N.C., June 13, 2023 – Honda Aircraft Company today announced that it will commercialize the HondaJet 2600 Concept, an all-new light jet that was first introduced at the 2021 NBAA Business Aviation Convention & Exhibition (NBAA-BACE). The company also...

What’s Happening at PTI

What’s Happening at PTI

The Piedmont Triad International Airport Executive Director, Kevin Baker, sat down with Neill McNeill recently. It was exciting to hear Kevin share some of the exciting things that are going on at the airport during their conversation. Among the most notable...

Boom Supersonic Groundbreaking

Boom Supersonic Groundbreaking

GREENSBORO, NC and DENVER –  January 26, 2023 – Boom Supersonic, the company building the world’s fastest airliner, kicked off construction of its Overture Superfactory today in Greensboro, North Carolina. The Overture Superfactory is a state-of-the-art manufacturing...

PIEDMONT TRIAD AIRPORT AUTHORITY WELCOMES MARSHALL AEROSPACE

PIEDMONT TRIAD AIRPORT AUTHORITY WELCOMES MARSHALL AEROSPACE

The Piedmont Triad Airport Authority is thrilled to welcome Marshall Aerospace as the latest addition to the airport's impressive campus of aerospace companies. Marshall Aerospace is a renowned aircraft maintenance, repair, and overhaul (MRO) provider that serves...