Savannah-based luxury jet-maker Gulfstream Aerospace says, it's adding more than 1,000 jobs in a $500 expansion.
Gulfstream's seven-year plan calls for ramping up its jet production and maintenance facilities at the Savannah-Hilton Head International Airport.
The company also plans to renovate several facilities at its Savannah headquarters.
Company President Joe Lombardo says, Gulfstream aims to meet a projected increase in the jet business.
"When we look at the growth of general aviation, we see a trend that's going to be very positive for this industry," Lombardo says. "Demand for these kinds of aircraft is growing everyday."
Company officials say, they'll be hiring in all areas of their operations including production engineering and support technician jobs.
This is Gulfstream's second major expansion in five years.
Company officials had few details about the planned expansion, however, saying specifics will come later.
A previous 1,000 job expansion begun five years ago was completed ahead of schedule.
Company officials were joined at Monday's announcement by several thousand of their employees as well as Governor Sonny Perdue, both of Georgia's U.S. Senators, two U.S. Congressmen and local officials.