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GE investing more into Pensacola plant

Last week, General Electric announced plans to invest more than $450 million in its existing U.S. manufacturing facilities this year, purchasing cutting-edge equipment and making upgrades to position the company and its U.S. workforce for a strong future in advance of the company’s planned creation of two independent, industry-leading companies in energy and aerospace.

GE Vernova, GE’s portfolio of energy businesses, expects to make investments this year in capacity upgrades, facility maintenance, and equipment and tool management.

The company is hiring externally for more than 920 U.S.-based positions and anticipates investing upwards of $117 million in its U.S. energy facilities this year, including $20 million in wind turbine manufacturing facilities in Pensacola (GE Wind) to expand production capacity and bring new products to market.

Read press release.

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