2024 Favorites: #5 News – GE Aerospace is investing in manufacturing

Plans to inject more than $650 million into its manufacturing facilities and supply chain during 2024.

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Photo: GE Aerospace

GE Aerospace plans to inject more than $650 million into its manufacturing facilities and supply chain. Nearly $550 million will go to its U.S. facilities and supplier partners.

Much of it will be spent on tooling and equipment to increase the production and assembly capacity of narrowbody and widebody aircraft engines.