GE Aerospace has said it expects to invest more than $335 million in the US in 2023.
The money will be used to improve assembly, expand capacity and enhance safety infrastructure at sites in five states and will be part of $450 million in spending planned by the wider GE group.
In Lynn, Massachusetts, the company will invest $31 million toward test cell upgrades, tooling redesign, and other building improvements to support engine production and development.
GE Aerospace and the GE-Baker Hughes joint venture’s Aero Engine Operation (AEO) is to pump more than $17 million into assembly across several product lines in Evendale, Ohio,
In Auburn, Alabama, $16 million will go towards facilities upgrades to support “increased additive manufacturing”, while in Lafayette, Indiana, approximately $7 million is to be spent on tooling support for LEAP and Passport engine growth and maintenance, repair and overhaul.
In Madisonville, Kentucky, more than $4 million is to invested in productivity, quality, and maintenance improvements across several engine lines used by the US military.
“GE Aerospace is a world leader in aircraft engine production due in large part to the strength and ingenuity of our U.S. employee base,” said GE chairman and chief executive H. Lawrence Culp, Jr, who is also chief executive of GE Aerospace.
“The investments we’re making this year support cutting-edge technology that will help advance the next generation of aerospace manufacturing, ensuring a strong future for our employees, our business, the industry, and our commercial and military customers,” Culp Jr. added.
