Aerospace company Aerojet Rocketdyne announced this week that over the next two years it will be consolidating facilities and relocating to Huntsville, Alabama – a move that will create 700 new jobs, WHNT News 19 reported.
Production of the new state-of-the-art manufacturing facility is set for 2019 and will be located at the North Huntsville Industrial Park.
“It’s a very exciting day for us,” Huntsville Mayor Tommy Battle said, according to the news report. “These jobs will affect all areas of this North Alabama community and add economic impact to us.”
According to AL.com, Battle has played a critical role in the economic development of the community over the past few years. While he has been in office, a number of other major companies – including GE Aviation, Remington and Boeing – have announced they would be expanding their presence in the area.
WHNT News 19 noted that the University of Alabama in Huntsville, a top school for aerospace engineering, has expressed support for this decision.
“Huntsville and Madison County have all of the elements that allow aerospace companies such as Aerojet Rocketdyne to thrive,” Robert Altenkirch, president of UAH, explained, according to the source. “The talented students that we produce along with our research capabilities are valued by our corporate partners.”