Boom Supersonic, the company building the world's fastest and most sustainable supersonic airliner, announced earlier this year it had selected the Piedmont Triad International Airport in Greensboro, North Carolina as the site of its first full-scale manufacturing facility.

North Carolina offers Boom an optimal location for its manufacturing facility thanks to its strong aerospace workforce, which includes a large number of U.S. military veterans. North Carolina also affords good access to technical schools, providing Boom with a pipeline of skilled labor. The Piedmont Triad area is in close proximity to many tier-one aerospace suppliers, benefitting Boom as production ramps for Overture, its commercial supersonic aircraft. Additionally, the close proximity to the eastern seaboard facilitates supersonic flight testing over the Atlantic Ocean. Boom corporate headquarters remains just outside of Denver, Colorado.

Boom will bring more than 1,750 jobs to North Carolina by 2030, expanding to a total of more than 2,400 jobs by 2032. North Carolina economists estimate that the Overture Superfactory will grow the state’s economy by at least $32.3 billion over 20 years.

With an ever-growing number of businesses setting up shop in North Carolina, home value appreciation is expected to continue well into 2022 and beyond.  

If you’re interested in purchasing a home or refinancing your current home in Winston-Salem or the surrounding areas, give us a call! We can discuss your financial goals and discuss a loan program that might be right for you.