GE Aerospace invests $163M of $1B package in 4 North Carolina sites

(The Center Square) – Four sites in North Carolina from the coast to the mountains are part of a $1 billion investment by GE Aerospace in American manufacturing.

Wilmington, Asheville, West Jefferson and Durham are targeted for a combined $163 million portion of the package. Overall, GE Aerospace says more than $275 million “will upgrade sites that produce defense engines and components, strengthening the U.S. defense industrial base to deliver at pace for military revisions.”

Another $200 million goes toward scale of durable parts production. These sites manufacture “high pressure turbine durability kits extending time on wing, and a new system that reduces the need for on-wing maintenance.”…

Story continues

TRENDING NOW

LATEST LOCAL NEWS