JetZero is making a massive investment in North Carolina as the company plans to construct a factory in Greensboro to produce its blended-wing-body jets there in the future.

GREENSBORO, N.C. — After months of speculation, JetZero will officially build its new factory in Greensboro at Piedmont Triad International Airport, a move expected to create nearly 15,000 local jobs and billions of dollars in economic impact.

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The project is expected to create more than 14,560 jobs by 2063. The jobs will have an average wage of $89,340, according to the company. It is the largest economic development project in North Carolina history, based on job commitment, state officials said.

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On Thursday, the N.C. Economic Investment Committee awarded JetZero an incentive package to build at the Piedmont Triad International Airport, about 65 miles west of Durham. The state grant will be worth up to $1.17 billion if the jet maker achieves its hiring and investment goals by 2036

Backed by incentives of more than $1. 5 billion from North Carolina's government, a California startup airplane manufacturer and designer plans to build its first factory in a $4.

JetZero has announced a $4.7 billion investment for a production facility at the Piedmont Triad International Airport (PTI) in Greensboro, N.C., with plans to create over 14,500 jobs – the largest jobs announcement in state history.