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GE Aerospace announced plans to invest $650 million in its manufacturing facilities and supply chain this year to increase production and strengthen quality to better support its commercial and defense customers. These investments come as the company prepares to become a standalone company later this spring.
The 2024 investment plan calls for nearly $450 million to go toward new machines, inspection equipment, building upgrades, and new test cells and safety enhancements at 22 GE Aerospace facilities across 14 states. An additional $100 million will go to supplier partners based in the United States. Some of the investments include:
$54 million to Auburn, Alabama,
Site for additional additive (3D printing) machines and tooling to increase the production of military rotorcraft engine components, along with narrow and widebody commercial aircraft engines. Additive manufacturing is viewed as a critical technology that allows for greater performance and fuel efficiency while reducing weight and part count.
$30 million to Lynn, Massachusetts,
Site for investment in engine assembly and testing that supports the production of U.S. and allied military helicopter and fighter jet engines. Additional investments will be used for facility maintenance and upkeep and build on investments made in 2023.
$46 million to four North Carolina facilities
Sites that produce parts and assemble engines for either narrowbody or widebody commercial engines to meet growing demand.
Asheville will receive $11 million for high-precision machines used to produce critical components
Durham will receive more than $7 million for tooling and equipment to increase the assembly capacity of engines
West Jefferson will receive almost $5 million for quality inspection equipment and high-tech machinery
Wilmington will invest $22 million for machines and specialized tooling to increase capacity.
$107 million to facilities in the greater Cincinnati region.
Additional additive manufacturing machines, new tooling and equipment, and modernization and upgrades to test cells will allow the company to increase production capacity of engines used in commercial aircraft and in U.S. and allied military helicopter and fighter jets.
The $100 million will strengthen the company’s U.S. supply chain, helping suppliers build and maintain capacity and capabilities needed for sustained growth. Suppliers provide materials (castings and forgings) and some early-stage parts for commercial and military engines.
To support its customers operating around the globe, GE Aerospace also plans to invest approximately $100 million at some of its international sites in North America, Europe, and India.
In addition to the investments announced today, GE Aerospace is hiring more than 1,000 employees for open external positions at its U.S. factories.
Further information on ARC's coverage of Additive Manufacturing can be found here.