GE Aerospace to invest $22M locally as part of increased production goals – Port City Daily

General Electric Aerospace will make a $22 million investment to its Wilmington facility. (Port City Daily/File)

WILMINGTON General Electric Aerospace will make a $650 million investment in its manufacturing facilities and supply chain in 2024, with multi-millions coming to its local facility on Castle Hayne Road.

READ MORE: A big damn announcement: GE Hitachi to expand staff by 500, add joint-venture fuel plant

The money will fund increased production to support its commercial and defense customers. A spokesperson for GE Aerospace said its to help ramp up demand after the pandemic for customers looking for new, efficient engineswith greater range and capabilities.

GE Aerospace works toward modernizing jet and turboprop engines and other sustainable systems for commercial, military, business and general aviation aircraft. This includes LEAP engine production, production preparation for the GE9X, and supporting U.S. military and its allies.

Roughly $400 million in the investment strategy will be put toward new machines, inspection equipment, building upgrades, and new test cells and safety enhancements at 22 of its facilities in 14 states.

The $22 million infused into Wilmington will be for machines and specialized tooling to increase capacity. It also will help with facility updates.

These investments allow us to build on the strong 40-year history we have here in Wilmington to meet our customers needs and ensure a bright future for GE Aerospace as we become an independent company, Jackson Autry, site leader for GE Aerospace Wilmington, said in a press release.

GE announced three years ago it would split into three companies, to center on aerospace, healthcare and energy. The aerospace division is to be finalized this spring.

In addition to aerospace, in Wilmington GE has fuel manufacturing and training facilities. The county and city approved incentives for its energy sector in 2022, signing off on $1.9 million, with the county forking over $1.25 million and the city contributing $250,000, to be paid over five years. The money was to be used for hiring staff for the rollout of GE Hitachis small nuclear reactor and building a new facility to produce fuel for a different reactor.

GE Aerospace is investing $46 million overall in North Carolina, with $11 million to go to Asheville, $7 million in Durham and $5 million in West Jefferson.

Alabama, Massachusetts, and Ohio are also cumulatively set to receive more than $200 million. Internationally, the company is investing another $100 million at facilities in in North America, India and Europe.

An additional $100 million will go to supplier partners based in the United States that make castings and forgings and early-stage parts for commercial and military engines.

In addition to investments, GE Aerospace is hiring more than 1,000 employees for external positions at its U.S. factories. Locally, its looking to hire 20 more people, with the facilitys job openings here.

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, chairman and CEO, H. Lawrence Culp Jr. wrote in a press release.

Tips or comments? Emailinfo@localdailymedia.com.

Want to read more from PCD? Subscribenowand then sign up for our morning newsletter,Wilmington Wire, and get the headlines delivered to your inbox every morning.

See the article here:

GE Aerospace to invest $22M locally as part of increased production goals - Port City Daily

GE Aerospace in Huntsville to receive $16.8M for upgrades – WZDX

$650 million total will be invested in manufacturing facilities and supply chains to increase production and quality for customers.

HUNTSVILLE, Ala. GE Aerospace has plans to invest $650 million in its manufacturing facilities and supply chain this year. This move aims to ramp up production and enhance quality to better serve its commercial and defense customers. Of the $650 million investment, the Huntsville location is set to receive a significant boost. With an allocation of $16.8 million, the site will see upgrades in machinery for the production of narrowbody and widebody aircraft engines, as well as investments in quality testing equipment and facility enhancements.

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, said H. Lawrence Culp, Jr., Chairman and CEO of GE and CEO of GE Aerospace. 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.

Another Alabama site is set for upgrades with the investment. The Auburn facility will also get enhancements in manufacturing technology. This $54 million investment will introduce additional 3D printing machines and tooling to augment the production of military rotorcraft engine components, as well as engines for narrowbody and widebody commercial aircraft. It is expected to not only improve production but also create job opportunities.

This is an investment in the future of manufacturing, ensuring we can continue producing high-quality, cutting-edge engines and services while meeting customer demand,said Mike Kauffman, GE Aerospace Supply Chain Vice President.

The funds being sent to Huntsville is part of a larger investment plan that includes a plan for new machines, inspection equipment, building upgrades, and safety enhancements across GE Aerospace facilities nationwide.

"Materials changing the future of aviation start right here. GE Aerospace is investing significantly in Huntsville to produce more critical materials used in commercial and military engines and to build a strong future as we become a independent company," said Stephen French, site leader for GE Aerospace Huntsville.

In addition to these investments, GE Aerospace is actively recruiting over 1,000 employees for open positions at its U.S. factories.

More:

GE Aerospace in Huntsville to receive $16.8M for upgrades - WZDX