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 Unlimited-12-10-18

Airborne Unmanned-12-11-18

Airborne Unlimited-12.05.18

AMA Drone Report-12.06.18

Airborne Unlimited-12.07.18

Airborne-YouTube

Airborne Unlimited-12-10-18

Airborne Unmanned-12-11-18

Airborne Unlimited-12.05.18

AMA Drone Report-12.06.18

Airborne Unlimited-12.07.18

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

Airborne 12.10.18: 'Pecos Bill' Accident, Astronaut Nick Hague, SpaceX Update

Also: Champion Aerospace Recall, EAA’s Post-Secondary Scholarships, Ryanair Pilot Training, Universal Avionics The NTSB has released its preliminary report from the accident >[...]

Airborne 12.07.18: Continental Power-Liaoning Cub, AirVenture, Lion Air v Boeing

Also: 64 Satellite 'Rideshare', Hurricane Hunters Finish Year, Cessna 208B SAIB, Aero-TV: Wright B Flyer Program Continental Motors Group has entered a strategic partnership with L>[...]

AMA Drone Report 12.06.18: No Drone Zone Nonsense, FAA's 'Buzzy', Airport Probs

Also: FAA Exec Appointment, Drone Use Standards, Censys BVLOS, Woolsey Fire Recovery Drones OK... it’s getting a little out of control... Signs have been popping up saying dr>[...]

ANN's Daily Aero-Term (12.10.18): Oceanic Airspace

Oceanic Airspace Airspace over the oceans of the world, considered international airspace, where oceanic separation and procedures per the International Civil Aviation Organization>[...]

ANN's Daily Aero-Linx (12.10.18)

Aero Linx: Vintage Ultralight Association What began as the Vintage Ultralight Registry has become the "Vintage Ultralight Association". After much research I can tell you that the>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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