JetZero, a California-based aerospace startup, is moving ahead with plans to manufacture a next-generation commercial aircraft. The company announced it will construct a massive production plant in Greensboro,

JetZero Inc. announced plans Thursday to build its first manufacturing plant for a next-generation passenger jet in central North Carolina, a project that if successful would create more than 14,500 jobs there in a decade.

The aerospace company will invest $4.7 billion in Greensboro to establish a production facility to build its Z-4 all-wing design aircraft.