A California-based ‘flying car’ company called Joby has selected Dayton as the site for its new $500 million manufacturing facility. Joby says the plant will employ up to 2,000 workers and produce 500 of its vertical take-off planes a year.Joby’s flying cars are a mix of helicopter and plane. It’s six rotors allow it to take off and land vertically, like a helicopter. But once in the air, they pivot forward, like the propellers on a plane.
The company had plenty of business and financial reasons to select Dayton. JobsOhio and the Department of Development for instance, are offering more than $200 million in incentives to bolster Joby’s half billion-dollar investment. According to Joby its total incentive package, including local agreements, could be worth as much as $325 million.
“The Wright brothers made the impossible possible,” Joby founder and CEO JoeBen Bevirt said. “They opened the skies for all of us, and they did it right here in Dayton, the birthplace of aviation.” But DeWine primarily portrayed the deal as another example of the state positioning itself for industries of the future.
Since that Intel announcement Brown has made a habit of describing how Ohio is “burying” its Rust Belt moniker. He described how Joby joins NASA Glenn in Cleveland, the Armstrong Center in Sandusky, and GE’s jet engine production outside Cincinnati as developments that help put Ohio’s manufacturing slump in the past.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MiningWeeklyAUS - 🏆 233. / 63 Read more »
Source: Newsweek - 🏆 468. / 52 Read more »