HURT, Va. (WSET) — A significant financial growth milestone for Virginia’s Southside was celebrated on Tuesday as Avio USA broke floor on its new superior manufacturing facility in Harm.

The corporate, which is a subsidiary of world aerospace firm Avio S.p.A., will make investments about $500 million to construct an 860,000-square-foot manufacturing facility on the Southern Virginia Multimodal Park.

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First introduced in February, the venture is anticipated to create 1,500 jobs.

Gov. Abigail Spanberger spoke on the groundbreaking and mentioned it is among the largest financial growth tasks within the area’s historical past.

“We’re grateful, and we’re able to do proper by this funding and belief you might have positioned in Virginia,” Spanberger mentioned

The ability will produce strong rocket motors for protection and tactical propulsion programs, missile programs and industrial area functions.