Economic Development Year in Review 2023

NEW CITY AWARDS & OTHER ANNOUNCEMENTS

APRIL 2023 TAT Piedmont Aviation , an aviation

APRIL 2023

MAY 2023 Toyota announced it is adding another $2 billion in investment to its vehicle battery plant under construction at the Greensboro Randolph Megasite in Liberty.

Marshall USA , a subsidiary of Marshall Aerospace, selected Greensboro to build its facility at PTIA. The UK-based company

maintenance, repair, and overhaul company, announced it will expand its operations near the Piedmont Triad International Airport (PTIA). It will invest $13.8 million in building improvements, new machinery, and equipment to increase the service capacity of its Greensboro facilities. The company has about 125 employees at its Cessna Drive location. The expansion will create 85 new jobs paying an average of $51,706. City Council authorized $126,423 in economic development incentives for the project.

specializes in maintaining, repairing and retrofitting Lockheed C-130 aircraft, a tactical workhorse primarily for the military airlift of the US and many other countries. City Council authorized up to $240,000 in economic development incentives for the company‘s investment of $50 million in the maintenance facility and hiring 240 new employees with an average wage of $73,250.

The GTCP131-9A engine is driving growth at TAT Piedmont.