West Jefferson, North Carolina — According to state and local development sources, GE Aerospace plans to invest $52,900,000.00 to expand in West Jefferson. The company plans to occupy the new space in West Jefferson, on or about January 1, 2027. According to the company website GE Aerospace is a global provider of engines, systems, and services, with revenues exceeding $30 billion. As a leader in aviation technology, GE Aerospace continues to design, develop and manufacture jet engines, components and integrated systems for military, commercial and business and general aircraft as well as aero-derivative gas turbines for marine applications. In addition, GE Aerospace is the world’s leading integrated engine maintenance resource. GE Aerospaces military division is working on innovations today that will transform tomorrows missions. From the revolutionary Adaptive Cycle Engine (ACE), in conjunction with the Air Force Research Lab, to the T901 for the Armys Improved Turbine Engine Program (ITEP), GE Aerospaces next generation portfolio includes unprecedented speed, power, fuel efficiency and reduction in maintenance costs. These advancements will forever change the militarys approach to protecting freedom. From 2010 to 2016, GE Aerospace invested $4.3 billion in the U.S. to create new factories and to expand existing sites, including $350 million to renovate the companys world headquarters in Evendale, Ohio. Another $1.1 billion was invested in GE Aerospaces network of international sites. GE Aerospace enters its second century in a fabulous position to further push the boundaries of aviation. With more than 65,000 engines in service and fast growing, GE Aerospace and its partner companies have built the worlds largest operational fleet and established a firm business foundation. With more than 80 facilities, GE Aerospace will continue to operate on the world stage and advance aviation in every corner of the globe.

To learn more about GE Aerospace, visit http://www.geaerospace.com/

Company Contact:
Henry Culp, Chief Executive Officer
513-243-2000

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