Honda Aircraft Co. said Friday it will build a new manufacturing plant for its first-ever commercial jets and an adjoining headquarters facility in North Carolina.

Honda Aircraft, a division of Honda Motor Co. Ltd., says the new 215,000 square foot facility will cost $60 million to build. It will be located in Greensboro’s Piedmont Triad International (PTI) airport, the site of the prototype HondaJet plane’s assembly and development since 2001

For five years, Greensboro has served as the home of HondaJet, as we have worked to take our dream from the drawing board to the sky, said Michimasa Fujino, president & CEO of Honda Aircraft Company, Inc. As we move steadily toward certification, production and delivery to our customers, I am excited that Greensboro will be home both to our company's world headquarters and the production of HondaJet.

The company plans to sell its $3.65 million eight-passenger jets, to owner-pilots, corporate travel operators and air taxi companies. Emphasizing fuel-efficiency, and cruise speeds of 420 knots (450 mph), the company says it will deliver its first jets to customers in 2010.

The facility is expected to accomodate more than 300 employees it reaches full capacity. The company says further announcements about operations, construction time and additional manufacturing costs will be announced at a later date.

Honda Aircraft says it has already received over 100 orders for the Hondajet since it launched in October of 2007.