MONTGOMERY, Ala. (AP) -- Officials say that a planned Airbus aircraft assembly plant in Alabama will cost $600 million to build and employ 1,000 people when it reaches full production.
Two state officials with knowledge of the company's plans say that Airbus' first assembly plant in America should create about 2,500 construction jobs, and it will turn out about four planes a month in 2017.
The officials spoke to The Associated Press condition of anonymity because they weren't authorized to discuss the plant ahead of an official announcement Monday.
The plant will produce single-aisle passenger planes that will compete with Boeing.
The dean of the business school at the University of South Alabama, Carl Moore, says attracting a prestigious company like Airbus could have a transforming effect on Alabama like Mercedes-Benz had when it picked Alabama for its first American assembly plant in 1993.