SAVANNAH, Ga., 18 Jan. 17, 2011.Gulfstream Aerospace Corp. purchased a building to house the aircraft manufacturer's aviation research and development program. The 253,000-square-foot facility is located adjacent to the company's Research and Development campus in Crossroads Business Park in Savannah, Ga.
The acquisition is part of an expansion plan, which includes building new facilities at the northwest quadrant of the Savannah/Hilton Head International Airport, renovating several existing facilities on the main campus off Gulfstream Road, and expanding office and lab facilities at the Gulfstream Research and Development Center.
"Gulfstream recognizes the strategic importance of research and development," says Pres Henne, senior vice president, Programs, Engineering and Test, Gulfstream. "This expansion will enable us to explore new technologies that further enhance aircraft safety, reliability, dependability, and efficiency for our customers."
Gulfstream purchased the building from the Lummus Corp. in late December. It is currently undergoing the first of two planned renovations, which should be complete in February. The second renovation is slated to start in April and is scheduled for completion in 2012.
Located on 49.2 acres, the facility includes approximately 30,000 square feet of office space, approximately 223,000 square feet of light manufacturing and warehouse space, and the potential for additional office, lab, and warehouse development.
Gulfstream's Research and Development campus is home to approximately 1,450 employees.