Electric vertical plane manufacturing company Archer will create 1,000 jobs in Covington

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Archer Aviation Inc., an aerospace company advancing sustainable urban air mobility, will create 1,000 jobs and invest $118 million over 10 years in a new electric vertical take-off and landing (eVTOL) aircraft manufacturing facility at the state-of-the-art technology located next to the Covington Municipal Airport in Newton County.

  • Site selection for its manufacturing facility represents a key next step as Archer strives to achieve its goal of being the first in the industry to establish a large-capacity eVTOL production facility.
  • Archer plans to initially build a 350,000 square foot facility, capable of producing up to 650 aircraft per year.
  • Construction is expected to be completed in the first half of 2024, with initial production expected to begin later that year.
  • The facility can be expanded by an additional 550,000 square feet, which is expected to produce up to 2,300 aircraft per year.
  • Archer intends to invest $118 million over the next 10 years and will receive an incentive package totaling 33% of its capital investment commitment, which includes land surrender, tax incentives and a grant. Georgia REBA.
  • Archer has entered into a letter of intent with Synovus Bank, the largest Georgia-based bank, in an effort to secure funding to support the project.

When selecting the location for its first manufacturing facility, Archer conducted a comprehensive survey of potential sites across the United States. Key considerations included the availability of talent in the local labor market, the availability of utilities, the ability to conduct seamless flight test operations, construction costs, and logistics. Archer will receive an incentive package, which includes land surrender, tax incentives and a REBA grant from Georgia. As Archer seeks to establish his local, community-focused relationships in Georgia, he anticipates funding for the project will come from Synovus, the largest bank headquartered in the state.

“Georgia has made fostering innovation a priority as we work with businesses to create the jobs of the future in the #1 Business State,” Governor Brian Kemp said. “Our established leadership in the aerospace industry was critical in bringing Archer Aviation to Newton County, and we are thrilled to welcome them to Peach State.”

Based in Santa Clara, Calif., Archer currently develops and manufactures eVTOL aircraft for use in urban air mobility networks.

“After several months of discussion and evaluation, we are thrilled to announce Archer’s decision to locate its first manufacturing facility in Covington as we continue to progress toward commercialization,” said Adam Goldstein, Founder and CEO. of Archer. “Our goal of creating urban air mobility networks in major cities across the country requires us to ramp up the production of our aircraft. This installation represents a major step forward in enabling us to meet this challenge head-on.

“Our new manufacturing facility is a critical next step in realizing our vision for eVTOL travel,” added Glen Burks, Vice President of Manufacturing for Archer. “We couldn’t be happier with Covington as the site and partner for this next important step in the development and growth of our business. We look forward to breaking new ground in the months ahead and starting this new chapter in Georgia.

Archer plans to build a new aircraft manufacturing facility next to Covington Municipal Airport in Newton County, which was established in 1963 as part of a long-term airport master plan. The site is strategically accessible by Georgia’s robust interstate network via I-20, and large adjacent parcels of land have been set aside for future development. Archer’s new facility will use one of these adjacent plots.

Archer’s new facility, located at the Covington Municipal Airport, will consist of three buildings spread over more than 96 acres. Construction is expected to begin in December 2022 and follow a phased build of eVTOL aircraft production, with eventual capacity capable of producing up to 2,300 aircraft per year. Hiring is expected to begin in late 2023 with the facility expected to open in the first half of 2024. Those interested in opportunities with Archer are encouraged to visit www.archer.com/careers for more information.

“I and Covington City Council members are very pleased to have Archer Aviation join our business community,” said Mayor Steve Horton. “Covington Municipal Airport is one of Covington’s many points of pride, and Archer’s presence in our airport plan is another distinction. Covington has always been at the forefront of quality jobs and new Archer’s aerospace product, soon to be manufactured in Covington, Georgia, will certainly continue the trend.

“We couldn’t be more excited for Archer to join our community,” said Lanier Sims, chairman of the Newton County Industrial Development Authority. “Archer fits perfectly into our current industry mix and will be an incredible addition to the beautiful Covington Airport. The Development Authority is committed to ensuring that our workforce is prepared for the future of our community and ready for the great jobs ahead at Archer Aviation.We are grateful to Governor Kemp and the Georgia Ministry of Economic Development for their leadership and continued preservation of Georgia as the premier state for business.

“We welcome Archer Aviation to the Metro Atlanta area, where the strength of our community will help ensure the success of their new facility,” said Katie Kirkpatrick, president and CEO of the Metro Atlanta Chamber. “Metro Atlanta’s expertise in the aviation industry coupled with the support of our academic, business, civic and government partners make our region the perfect place to invest in a new facility. Congratulations to all the partner organizations who supported this project.

The Global Commerce Industrial Projects team represented the Georgia Department of Economic Development (GDEcD) on this competitive project in partnership with the Newton County Industrial Development Authority, Metro Atlanta Chamber of Commerce, Georgia Center Aerospace Industry Team of Innovation, Georgia EMC, Georgia Quick Start, and Georgia Tech.

“Technology and innovation continue to drive change in strategic industries, and Archer Aviation is at the forefront of technological evolution in the aviation industry. Using an innovative, state-of-the-art eVTOL aircraft design, the company will seek to sustainably solve mobility challenges in our urban centers, and we are delighted that they have decided to invest in Georgia,” said GDEcD Commissioner Pat Wilson. “Our Innovation Center’s dedicated aerospace team has been uniquely involved in this project, and I’m proud of their continued efforts to foster Georgia’s aerospace and defense industries. Kudos to our partners in Newton County for helping us create these jobs of the future in Georgia. »

Home to more than 800 aerospace companies, Georgia maintains a strong aerospace education pipeline, with a dozen high schools offering training in the field, five technical colleges with aviation programs, and several universities offering degrees in aerospace engineering. A strategic arm of the Georgia Department of Economic Development, the Georgia Center of Innovation for Aerospace has for more than 10 years cultivated an ecosystem of opportunity for innovative companies like Archer Aviation by building and connecting networks of unmanned aerial systems (UAS) to the commercialization of advanced air mobility and UAS systems.

About Archer
Archer (NYSE:ACHR) designs and develops electric vertical take-off and landing aircraft for use in urban air mobility networks. Archer’s mission is to unlock the sky, allowing everyone to reimagine the way they move and spend time. Archer’s team is based in Santa Clara, California. To learn more, visit www.archer.com.


Source: georgia.gov and Archer




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