Future of work newsletter free subscription Future of work newsletter free subscription Future of work newsletter free subscription
  • Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Home News

JetZero Invests $4.7B in N.C. Facility, Promises 14,000 Jobs by 2036

The deal contains more than $1.1 billion in state performance incentives that would be paid over nearly 40 years and are contingent on JetZero creating over 14,000 jobs between 2027 and 2036.

Allwork.Space News TeambyAllwork.Space News Team
June 16, 2025
in News
Reading Time: 1 min read
A A
JetZero Invests $4.7B in N.C. Facility, Promises 14,000 Jobs by 2036

A flag waves as a plane flies in the background in Washington, D.C., U.S., May 25, 2025. REUTERS/Ken Cedeno/File Photo

More stories for you

Companies Planning To Raise Deductibles, Cut Health Benefits For Workers By 2026, New Report Shows

Companies Planning To Raise Deductibles, Cut Health Benefits For Workers By 2026, New Report Shows

22 hours ago
Day Jobs, Night Hustles, No Pay Guarantees China’s Working Class Faces A Harsh New Normal

Day Jobs, Night Hustles, No Pay Guarantees: China’s Working Class Faces A Harsh New Normal

22 hours ago
Trump Eases Federal Office Mandate, Permits Flexible Hours For Religious Holidays And Rituals

Trump Eases Federal Office Mandate, Permits Flexible Hours For Religious Holidays And Rituals

22 hours ago
Trump Tariffs Threaten 100,000 South African Jobs

Trump Tariffs Threaten 100,000 South African Jobs

22 hours ago

U.S. aircraft startup JetZero, which has secured investments from United Airlines and Alaska Airlines, will invest $4.7 billion over a decade on a production facility and headquarters in North Carolina, the state said on Thursday.

The deal contains more than $1.1 billion in state performance incentives that would be paid over nearly 40 years and are contingent on JetZero creating over 14,000 jobs between 2027 and 2036, a state representative said.

The company will manufacture its 250-seater Z4 blended wing bodied aircraft at an airport site in Greensboro, the state and company said in statements. JetZero would also benefit from an additional $450 million in infrastructure improvements to the airport facilities, along with city and county incentives, the representative said.

JetZero, which has a conditional order for up to 100 fuel efficient airplanes from United, and options for another 100, is the latest startup to reach a deal for a factory at Piedmont Triad International Airport, with supersonic jet maker Boom recently opening a facility at the site.

Aerospace companies are growing their footprint in the U.S. south, fueled by strong demand for aircraft and parts and comparatively lower costs than traditional U.S manufacturing hubs, although recruiting experienced labor remains a challenge.

Several startup aviation firms are seeking to revolutionize travel by developing planes that emit fewer emissions to help airlines meet industry net zero targets, along with battery-powered aircraft that can take off and land vertically. But entry barriers remain high in an industry that is capital intensive, with some startups struggling in recent years.

Source: Reuters
Tags: North AmericaWorkforce
Share8Tweet5Share1
Allwork.Space News Team

Allwork.Space News Team

The Allwork.Space News Team is a collective of experienced journalists, editors, and industry analysts dedicated to covering the ever-evolving world of work. We’re committed to delivering trusted, independent reporting on the topics that matter most to professionals navigating today’s changing workplace — including remote work, flexible offices, coworking, workplace wellness, sustainability, commercial real estate, technology, and more.

Other Stories Recommended For You

Companies Planning To Raise Deductibles, Cut Health Benefits For Workers By 2026, New Report Shows
News

Companies Planning To Raise Deductibles, Cut Health Benefits For Workers By 2026, New Report Shows

byFeatured Insights
22 hours ago

Health care costs have been rising for years, and finding a way to shoulder that burden and keep benefit prices...

Read more
Day Jobs, Night Hustles, No Pay Guarantees China’s Working Class Faces A Harsh New Normal

Day Jobs, Night Hustles, No Pay Guarantees: China’s Working Class Faces A Harsh New Normal

22 hours ago
Trump Eases Federal Office Mandate, Permits Flexible Hours For Religious Holidays And Rituals

Trump Eases Federal Office Mandate, Permits Flexible Hours For Religious Holidays And Rituals

22 hours ago
Trump Tariffs Threaten 100,000 South African Jobs

Trump Tariffs Threaten 100,000 South African Jobs

22 hours ago
Advertisements
Yardi Kube automates flex and coworking operations
Advertisements
Workspaces Run Better On UltraSoftBIS

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00