Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE: GD), announced plans today for a $300 million, seven-year expansion of its manufacturing and service facilities in Savannah, Ga. As a result of the expansion, employment at the facility is expected to grow by some 1,100 jobs, a 25 percent increase from the current employment level of 4,300 employees.
In the presence of Georgia Governor Sonny Perdue, U.S. Representative Jack Kingston, Chatham County Commission Chairman Pete Liakakis, Savannah Mayor Otis Johnson and other dignitaries, employees at the Gulfstream facility learned that their work site will expand nearly 70 percent in size by 2012.
"Gulfstream is the benchmark for business aviation throughout the world, and we are proud that the company is based in Georgia," said Governor Sonny Perdue. "The expansion of Gulfstream's manufacturing and service facilities will have a major impact on the state and local economy by creating more than one thousand new jobs."
First opened in 1967, Gulfstream's Savannah headquarters site includes initial phase manufacturing for the Gulfstream G550, G500, G450 and G350. The site also includes one of the company's five final phase manufacturing facilities and the largest of Gulfstream's 10 service centers.
AMTonline
In the presence of Georgia Governor Sonny Perdue, U.S. Representative Jack Kingston, Chatham County Commission Chairman Pete Liakakis, Savannah Mayor Otis Johnson and other dignitaries, employees at the Gulfstream facility learned that their work site will expand nearly 70 percent in size by 2012.
"Gulfstream is the benchmark for business aviation throughout the world, and we are proud that the company is based in Georgia," said Governor Sonny Perdue. "The expansion of Gulfstream's manufacturing and service facilities will have a major impact on the state and local economy by creating more than one thousand new jobs."
First opened in 1967, Gulfstream's Savannah headquarters site includes initial phase manufacturing for the Gulfstream G550, G500, G450 and G350. The site also includes one of the company's five final phase manufacturing facilities and the largest of Gulfstream's 10 service centers.
AMTonline
