GE Aerospace has announced plans to improve its manufacturing facilities and supply chain. The company will invest $650 million into the project, which includes $450 million for new machines, inspection equipment, building upgrades, and new test cells and safety enhancements at its 22 U.S. facilities located in 14 states. $100 million in funding will be spent on supplier partners across the country. GE Aerospace will also allocate $100 million to improve the resilience of its domestic supply chain and help suppliers build and maintain capacity for increased growth. As part of this ambitious project, GE Aerospace plans to create 1,000 new jobs in the U.S.
In a recent quote, H. Lawrence Culp, Jr., Chairman and CEO of GE and CEO of GE Aerospace, said, “As GE Aerospace prepares to become a standalone company this spring, we are making significant investments in the future of flight and in the dozens of communities and supplier partners helping us build it. These investments are part of the next chapter for GE Aerospace, supporting cutting-edge equipment and safety enhancements that will help us meet our customers’ growing needs.”
Investing in American Manufacturing - 2024
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.