Major Aerospace Investment Transforms Roswell’s Economy

News Summary

PBS Aerospace is set to invest $20 million in establishing its North American headquarters in Roswell, Georgia, creating at least 95 new jobs. This move boosts the local economy and reinforces Georgia’s status as a key player in the aerospace sector. Governor Brian Kemp announced this pivotal development, emphasizing its significance for regional growth. The company plans to manufacture small turbojet engines for the U.S. Department of Defense. Local officials are optimistic about the positive impact on the community and job market.

Major Aerospace Investment Set to Transform Roswell’s Economy

In a groundbreaking announcement that promises to reshape the economic landscape of Roswell, Georgia, PBS Aerospace, a leading designer and manufacturer of small turbojet engines, has revealed plans to invest up to $20 million in establishing its new North American headquarters and factory in the heart of the metro Atlanta area. This significant expansion is expected to create at least 95 new jobs, providing a much-needed boost to the local job market.

Georgia’s Welcoming Breeze for Aerospace Industry

Georgia Governor Brian P. Kemp unveiled the exciting details on February 3, 2025, marking a pivotal moment for the state’s booming aerospace sector, which has already cemented its status as one of the region’s top industries with a staggering economic output valued at $57.5 billion. With PBS Aerospace’s long-standing presence in the U.S. market for over a decade, the company is well-positioned to thrive in this new environment.

New Facilities and Job Opportunities

The new facilities will include a renovated building at 1350 North Meadow and a brand-new facility at Tech Village North Site in Roswell. Full operations at these locations are projected to commence in April 2025. The average annual salary for the positions being created is anticipated to be around $150,000, making these jobs highly attractive to skilled professionals in the area.

Strategic Growth and Future Aspirations

The decision to plant its roots in Georgia was made by William Didden, the owner of PBS Group, signifying a strategic move for the company as it seeks to align its objectives with growth opportunities in the region. PBS Aerospace aims to manufacture advanced small turbojet engines specifically for the U.S. Department of Defense, showcasing its commitment to supporting national defense and contributing to the security of the nation.

Local Impact and Community Engagement

Local officials, including Roswell’s Mayor Kurt Wilson, have lauded this investment as a significant win for both Roswell and surrounding communities. The project is also supported by various local and state organizations, including the Georgia Department of Economic Development (GDEcD) and the Metro Atlanta Chamber. Their involvement has been crucial in facilitating a welcoming environment for companies like PBS Aerospace.

The Role of Aerospace in Georgia’s Prosperity

The aerospace sector in Georgia specifically highlights the state’s robust economic foundation. PBS Aerospace’s contracts with major players in the industry, including Lockheed Martin, drive home the importance of having reliable and innovative manufacturing operations in Georgia. The initiative to expand will further solidify Georgia’s position as a formidable hub for aerospace and defense.

Roswell: The Town of Opportunity

Roswell has become an attractive destination for businesses and families alike, thanks to its excellent schools, vibrant neighborhoods, and strong community engagement. The coming of PBS Aerospace’s headquarters is a testament to the area’s appeal and the significant role that the aerospace sector plays in shaping the community’s future.

Conclusion

With the anticipated launch of PBS Aerospace’s operations, Roswell is poised for an economic uplift that is expected to resonate across the metro Atlanta area. As the company embarks on this new chapter, the local workforce will undoubtedly benefit from the vast opportunities that lie ahead, reaffirming Georgia’s status as a cornerstone of the nation’s aerospace innovation.

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Author: HERE Atlanta

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