Boom Supersonic, an aircraft manufacturing company, has plans of building its Overture Superfactory, at the Piedmont Triad International Airport (PTI) in Greensboro. According to the company, this would be the site for its first large-scale manufacturing campus, which will also consist of an assembly line, testing facility, and customer delivery center for the development of its Overture supersonic airliner.
Kathy Savitt, the President and Chief Business Officer of Boom Supersonic, gave more insights on the company’s site selection process for its Overture Superfactory. Savitt mentioned that after a 2 year long search, North Carolina was picked because Boom Supersonic needed a location with strong infrastructure, access to skilled labor, good technical schools and a community sharing the same passion for a supersonic future.
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The Overture Superfactory will be developed in several phases, starting with a customer center on a 65-acre site, snuggled between interstate 73 and a taxiway which is currently under construction on the PTI Airport’s campus. Phase I will also cover the development of the hanger, where the Overture aircraft would be built. The aircraft is intended to carry about 88 passengers and it will also run on 100% sustainable aviation fuel, with a flight speed surpassing twice the speed of some of the fastest passenger jets.
Overture Superfactory airliner project to receive $87.3 M Jobs Development Investment Grant
The Overture Superfactory project is expected to break ground later in the year and subsequently, Boom Supersonic will begin production of its Overture aircraft in 2024. The company expects to complete its first aircraft by 2025 and have it ready for flight in 2026. The first set of passengers would be carried by 2029. Financial support will be provided by the state in the form of a Jobs Development Investment Grant (JDIG) $87.3 million, but this will be available only if Boom Supersonic meets the employment and investment goals set by the state.
Governor Roy Cooper, described the Overture Superfactory project as the beginning of North Carolina’s economic future. He said Boom’s investment would bring in about $32.3 billion into the state’s economy over the next 20 years. The project would also bring investments worth over $500 million to Greensboro and generate over 1,700 employment opportunities in the area by 2030.
