Aerospace firm to build plant, create 1,100 jobs at Global TransPark

Posted May 13, 2008
Updated May 14, 2008

— A source confirmed to WRAL Tuesday that Spirit AeroSystems, a manufacturer and supplier of commercial aircraft components, will announce plans to build an assembly plant at the Global TransPark in Kinston on Wednesday.

The plant will generate approximately 1,100 jobs paying an average wage of $70,000 per year, according to media reports.

Gov, Mike Easley's office announced late Tuesday that he would make "an economic development announcement" Wednesday at 11 a.m. at the airport. will carry the press conference live.

The Kinston Free Press, which first reported the story on Saturday, said that the plant could create as many as 4,000 to 5,000 jobs.

The GTP board meets on Wednesday morning. The Golden LEAF Foundation also meets Wednesday and could announce incentives for the project.

According to a source close to the negotiations, an agreement has been reached between the company and state and local governments. It is the largest economic victory to date for the GTP, which the North Carolina General Assembly authorized in 1991.

North Carolina has competed for several aviation projects over the years, offering the GTP as a potential site. Among them were a Fed Ex hub that went to the Triad and a Boeing manufacturing plant that went to the state of Washington.

North Carolina offered more than $500 million in incentives in its attempt to win the Boeing plant.

The GTP covers 2,400 acres and includes a runway stretching 11,500 feet to accommodate large jets.

Local officials remained mum about the deal late Tuesday afternoon.

The committee empowered to negotiate tax incentives to recruit new companies or to expand existing facilities meets Wednesday morning at the Department of Commerce.

A spokesperson for Spirit AeroSystems said the company had no comment about a possible deal. “Honestly, at this point I’m not sure,” the spokesperson said.

According to the Kinston Free Press, the plant will be used to manufacture the nose section of Boeing 787 aircraft fuselages.

Spirit AeroSystems (NYSE: SPR) is based in Wichita, Kan. The company reported more than $1 billion in revenue for the first quarter of 2008 and has a backlog in orders of more than $27 billion.

Primary areas of focus for manufacturing include:

  • fuselages
  • under-wing components
  • composites
  • wings
  • spares/repair parts

The company was formed in 2005 when Boeing sold the business unit around which Spirit AeroSystems was formed to Onex Corp. Spirit AeroSystems also operates two facilities in Oklahoma, one in Scotland and one in England.


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  • mrtwinturbo May 14, 2008

    The question is: How many years were they given to hire that many employees? It will not happen overnight Under the terms, these companies are paid to move to NC with the promise that they hire "X" amount of employees. The last employer that moved to the GTP was given 5 years to hire 74 employees.

  • Blueboxinggloves May 14, 2008

    Spirit AeroSystems: I worked for Lockheed Martin for 20 years. Make me an offer!

  • RainierBeer May 14, 2008

    wichita's loss is our gain

  • sweetsea May 14, 2008


  • TheAdmiral May 13, 2008

    I'm available for a government check anytime.

  • smitty May 13, 2008

    Yay! What? We are still paying for it? Check your next vehicle registration receipt.

  • LoneWolf72 May 13, 2008

    The writer also left out other recent aerospace victories for the state, including Honda Jet and Honda Aero in Greensboro and Burlington repsectively...but who's counting?

  • SaveEnergyMan May 13, 2008

    Huey, the military already uses the airstrip for practice. I've been up on the roof of the plants in the area and seen the planes overhead.

    I'll bet most of the $70k jobs will be going to people who are not native to the area. What cha think??

  • krisandbruiser May 13, 2008

    I agree,I'll wait for the plant to start operating before I say anything. The Global Trans Pork has cost us too much wasted tax money as it is. Look at the four lane, interstate quality, road to nowhere that was built there.I bet there are no more than 100 vehicles a day that use it. Hey, maybe they'll make it a toll road.

  • FloydTurbo May 13, 2008

    Actually "the Harveys" owned a lot of the over-valued raw land around the airfield that they sold to GTP for a nice profit very early on in the scam.

    Jim Hunt took very good care of his loyal buddies in Lenoir County.

    The original Kosada model for GTP could have worked if certain obvious issues had been accounted for .... like adequate access to I-95.