A Denver-based aerospace company with a factory on Malsbary Road in Blue Ash plans to pour $70 million into the Cincinnati region and hire more than 200 workers, the company and Ohio Gov. Mike DeWine announced Tuesday.

Beehive Industries, which manufactures 3D-printed jet engines for military drones, made the announcement at the Farnborough International Airshow in England. DeWine joined company executives at the briefing.

"This investment allows us to go even faster," Beehive Chief Product Officer Gordie Follin said at the airshow, noting the company expects to build about 500 engines in 2026 and is targeting more than 8,000 annually.

The expansion centers on Beehive's growing Southwest Ohio footprint. The company already operates a manufacturing facility on Malsbary Road and in June acquired two Greater Cincinnati precision machine shops, Able Tool Corporation and Planet Products Corporation, to form what it calls a Production Machining Center of Excellence. Able Tool was founded in 1984; Planet Products dates to 1947.

Beehive's flagship product is the Frenzy 8, a turbojet that produces 200 pounds of thrust and powers swarm-class drones and other uncrewed defense systems. A $29.7 million U.S. Air Force contract awarded in April is funding the engine's move into full-rate production.

Follin, a jet-engine designer with more than 20 years of experience, said the company chose Southwest Ohio for its aerospace heritage and precision-manufacturing workforce. REDI Cincinnati, the regional economic development organization, said the expansion reinforces the region's aerospace sector.

"Inventions and innovation like this are really Ohio's strength and have been our strength since the Wright Brothers," DeWine said at the Farnborough briefing.

The company will seek a Job Creation Tax Credit at an upcoming Ohio Tax Credit Authority meeting, and JobsOhio plans to provide additional assistance, the governor's office said. No groundbreaking or hiring-start date has been set.