Company developing "flying car" says first units will be built at Massachusetts plant

The car-plane has wings that unfold for flying and can quickly fold back up for driving on normal roadways. The two-seater must use a runway to take off and land and is designed to fly mostly under 10,000 feet.
The company is confident the flying car can be profitable.
The company had said earlier in the year that it was also considering a $4.4 million offer to move production.
It is developing two prototypes at the Woburn facility, one to undergo extensive drive testing, the other to complete flight testing for Light Sport Aircraft certification. Manufacturing could begin as early as late 2011.
It expected to add 50 skilled manufacturing jobs in Woburn by 2013.