An international aircraft producer is in the midst of a $55 million investment in the Fox Valley that could add 200 jobs to the community.

Gulfstream Aerospace Corp. is on schedule to open a new state-of-the-art aircraft paint hangar at Appleton International Airport in 2023, after breaking ground on the project earlier this year.

The company builds, designs, outfits and services business aircraft. In a statement, Gulfstream President Mark Burns said the new facility is part of a company-wide expansion that aims to address current demand and future growth potential.

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