GE Aerospace to Invest Nearly $1 Billion in U.S. Manufacturing
GE Aerospace announced that it plans to invest nearly $1 billion to strengthen manufacturing and increase the use of new materials and parts needed for the future of aviation. The company expects the investment to help increase engine safety, quality and delivery.
GE Aerospace Invests $1B In U.S. Factories
GE Aerospace plans to invest nearly $1 billion in its U.S. factories and supply chain to strengthen manufacturing and increase the use of new parts and materials needed for the future of flight. This investment is nearly double last year’s commitment by the company and will impact more than two dozen communities across 16 states.
GE Aerospace closed 9.32% short of its 52-week high of $212.19, which the company achieved on February 18th.
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