Roswell city officials announced today that PBS Aerospace will be making its new North American home in Roswell.
PBS Aerospace is a designer and manufacturer of world-class small turbojet engines. The company will invest up to $20 million to establish its North American headquarters, manufacturing, and research and development operations in Roswell.
“This is a momentous occasion for the city of Roswell,” Mayor Kurt Wilson said. “PBS Aerospace’s decision to call Roswell home speaks to the strength of our business-friendly environment.”
Wilson called the move signals a defining moment for the city and is proof of the city’s ability to compete on a global scale.
The company will bring 100 new jobs to Roswell, with each job paying about $150,000 per year.
The company will move into an existing space at 1350 North Meadow Parkway and a will begin new construction at the Tech Village North site. The facility will produce the company’s two most popular engines, which the Department of Defense will use in high speed drones and advanced missiles.
PBS Aerospace is an international manufacturer of turbojet engines and auxiliary power units that has been present in the U.S. market for more than a decade.
The company was founded in and has its primary headquarters in The Czech Republic. It has been in business for 200 years.
According to city officials, PBS Aerospace was considering three locations in the United States—Texas, Florida, and Georgia—Roswell stood out as the ideal choice thanks to the city’s unique, strategic advantages. These include proximity to Hartsfield-Jackson Atlanta International Airport, access to major highways to facilitate logistics and distribution, and close ties to leading universities, like Georgia Tech, which provide a talent pipeline for the company’s long-term growth.
To further solidify Roswell’s proposal, the City offered PBS a robust incentive package designed to complement the State of Georgia’s incentives. This package includes a dedicated project manager to ensure a seamless transition, a 10-year phase-in tax abatement designed to reduce upfront costs, and a ground lease option that offers flexibility for the permanent build site.
B.T. Clark
B.T. Clark is an award-winning journalist and the Publisher of The Georgia Sun. He has 25 years of experience in journalism and served as Managing Editor of Neighbor Newspapers in metro Atlanta for 15 years and Digital Director at Times-Journal Inc. for 8 years. His work has appeared in several newspapers throughout the state including Neighbor Newspapers, The Cherokee Tribune and The Marietta Daily Journal. He is a Georgia native and a fifth-generation Georgian.
