CINCINNATI (Cincinnati Business Courier) – GE Aerospace will invest millions of dollars into its Greater Cincinnati facilities to progress testing of its next-generation open-fan engine technology, a milestone in the program that is decades in the making and could determine the future of flight.
The world’s most prolific maker of airplane engines Jan. 10 announced a $9 million research and development grant from JobsOhio and its local arm, REDI Cincinnati, to put new testing equipment at its Evendale headquarters and test operations center in Peebles.
As part of the grant, which is performance based, GE Aerospace committed to creating 200 new engineering jobs, with estimated total annual payroll of $16 million, by the end of 2028. The commitment reflects, at least in part, a doubling down on a prior commitment, announced last May, to hire hundreds in Greater Cincinnati as part of a national hiring blitz targeting the open-fan engine technology development program…