Brevard County commissioners will spend millions of dollars for hundreds of new jobs.

Commissioners approved incentive deals for two aerospace companies Tuesday. Blue Origin plans to build rockets near the Kennedy Space Center, and Embraer plans to expand its operations to Titusville.

The deals are expected to bring in more than 300 high paying jobs with an average salary of $89,000 yearly. Blue Origin's investment would be $200 million.

"It's going to be pumping an awful lot of money into the economy," said Commissioner Kurt Smith.

The company would build their facility in Exploration Park next to the Kennedy Space Center, which is now accessible to the public.

Blue Origin is a mystery company working under the name "Project Panther," and run by Amazon founder Jeff Bezos. The plan is to build and launch rockets on the Space Coast.

The local investment to lure them here involves $8 million through the North Brevard Economic Development Zone, created a couple years ago to spawn investment in the area hit hard by thousands of shuttle program layoffs.

"It's 200, 300, 400, then they will grow from there," said Lynda Weatherman with the Brevard Economic Development Commission. "To announce a company bringing 300 jobs is pretty significant in the country today."

Commissioners also approved an expansion called '"Project Eagle" for Brazilian aircraft maker Embraer, already working out of Melbourne, to construct a new 50,000-square-foot facility on county-owned land at Titusville's Spaceport Commerce Park.

The county would invest $3.5 million for the company, which says it will bring in 150 jobs -- average wage $48,000 annually. The company promises a $33 million yearly economic impact.

"Those wages are the kind of new dollars we need. And they get spread around the community sometimes multiple times," said Titusville Mayor Jim Tulley.

Brevard County has spent years trying to recoup the jobs it lost after the space shuttle program ended. Thousands of NASA employees and contractors lost their jobs. One out of 10 people in the county were unemployed five years ago. That number has dropped every year since then, as more aerospace and defense workers find new jobs.