Boom Supersonic wrapped up construction on its supersonic jet factory in Greensboro

Boom Supersonic has wrapped up construction on its Superfactory in Greensboro, where it'll manufacture supersonic passenger jets.

Why it matters: Boom has ambitious plans to transform commercial air travel with its supersonic aircraft Overture, which it's calling "the world's fastest airliner."

Between the lines: Located at the Piedmont Triad International Airport, Boom's factory has the capacity to produce 33 Overture aircraft per year, the company said in a statement Monday.

• The company plans to add an assembly line that will double its production capacity.
• The Superfactory campus will also include a delivery center where carriers such as United Airlines, American Airlines and Japan Airlines will receive their Overture planes.

By the numbers: The Colorado-based airliner could receive more than $120 million in local and state incentives if it meets its job-creation goals — 1,750 new positions by 2030 and 2,400 by 2032.

• It plans to invest more than $500 million in its Greensboro facility.

The big picture: Boom is trying to resurrect supersonic air travel more than two decades after the retirement of the Concorde jet in 2003.

• Boom hopes that, unlike the Concorde, the Overture will be accessible "to the masses," CNN reported .
• Boom aims for its supersonic jets to cut long trips in half, like getting from Washington, D.C. to Paris in four hours instead of eight, Axios previously reported.
• The completion of the Greensboro comes months after Boom completed the first flight of its demonstrator plane, called XB-1, in Mojave, California.

What's next: Boom will begin installing equipment at its Greensboro factory, starting with something called an advanced test cell unit, which will be used to develop manufacturing processes and prepare for Overture production.

• Boom plans to introduce Overtures to commercial service by 2029, a spokesperson confirmed.

What they're saying: "Our state has the skilled workforce, infrastructure and perfect location to help Boom revolutionize air travel," Gov. Roy Cooper said in a statement, noting Boom's decision to select the state that was first in flight for its new facility.