(News Bulletin 247) – GE today announced plans to invest more than $450 million in various US manufacturing facilities this year.
As part of this, GE Aerospace plans to invest more than $335 million in its US facilities this year.
“The investments will help advance the next generation of aerospace manufacturing, ensuring a strong future for our people, our business, industry, and our commercial and military customers,” said H. Lawrence Culp, Jr., President -CEO of GE and CEO of GE Aerospace.
GE Aerospace’s investment in manufacturing in the United States will also have a positive impact on the productivity and quality of its sites, says GE.
In Lynn, Massachusetts, GE will invest $31 million in test cell upgrades, tooling redesigns and other building improvements to support engine production and development.
GE Aerospace and the GE-Baker Hughes joint venture Aero Engine Operation (AEO) will invest more than $17 million in Evendale, Ohio.
GE will invest $16 million in facility upgrades to support increased additive manufacturing in Auburn, Alabama,
GE Aerospace will invest approximately $7 million to increase tooling support for LEAP and Passport engine growth and maintenance, repair and overhaul for LEAP, in Lafayette, Indiana.
GE will invest more than $4 million to improve the productivity, quality and maintenance of several critical engine lines for the US military in Madisonville, Kentucky.
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