Terrafugia Plans To Create 130 New U.S. Jobs | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 07.16.18

Airborne-UnManned 07.17.18

Airborne 07.18.18

AMA Drone Report 07.12.18

Airborne 07.13.18

Airborne-YouTube

Airborne 07.16.18

Airborne-UnManned 07.17.18

Airborne 07.18.18

AMA Drone Report 07.12.18

Airborne 07.13.18

Sun, Apr 15, 2018

Terrafugia Plans To Create 130 New U.S. Jobs

Geely Holdings' Acquisition Leads To Expansion Across All Departments

Terrafugia created 75 new US-based jobs within the past 12 months and is on track to add at least another 50 more by the end of the year, according to the company. Zhejiang Geely Holdings Group (Geely Holding), a privately owned Fortune 500 company with assets that span the automotive chain, acquired Terrafugia in Fall 2017 affording Terrafugia the bankability and resources to expand its operations and industrial footprint.

“Technology and innovation are at the core of Terrafugia, drawing in unique talent across departments. The recent jump in staff shows our commitment to breaking ground in the emerging flying car market,” said Chris Jaran, CEO of Terrafugia. “One year ago, we had less than 20 employees. With Geely Holdings’ leadership and innovation in the automotive space, we are able to build the team we need to meet on-time deliverables.”

Terrafugia celebrates significant capacity expansion at its headquarters in Woburn, MA with positions in engineering, accounting, human resources, marketing and operations. The company also opened a new R&D division in Petaluma, CA where all new engineering designs and concepts are being created. Terrafugia predicts that a large portion of the expected growth will help the company bring the first practical flying car to market.

(Source: Terrafugia news release)

FMI: www.terrafugia.com/careers

Advertisement

More News

'An Extraordinary Friends of Bob Hoover' Event Scheduled For AirVenture Oshkosh

Some Tickets Remaining For The Annual Hoover Get-Together An “EFOB” (Extraordinary Friends of Bob Hoover) event will be held Wednesday evening, July 25th, during this y>[...]

Airborne 07.13.18: Tiny Twin at OSH, New Trig Radios, Noise Nonsense

Also: Whirly-Girls International, Aeolus Launch, Davenport IA Airport Accident, $150K Civil Penalty Over the years, ANN’s Jim Campbell has often remarked about a fondness for>[...]

Klyde Morris (07.16.18)

Klyde... There Ain't No Buck Rogers Without The Bucks! FMI: www.klydemorris.com>[...]

One More Reason To Celebrate Oshkosh -- ANN To Select Best Sportplanes of 2018!

In An Age Clouded By Icon's Flim-Flammery, We Want To Suggest Companies/Planes We HONESTLY Believe You Should Trust As we have in year's past... ANN is dusting off one of our reade>[...]

Details About ANN’s NEW Social Media Program (SMP) For Oshkosh 2018!

ANN Pushes Aviation Media Further Into The 21st Century... ANN is radically updating its social media campaign for the upcoming 2018 Oshkosh AirVenture Fly-In. This is just the lat>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC