GE Aerospace to Allocate $650M for Manufacturing Facility Upgrades, Supply Chain Support
GE Aerospace intends to invest $650 million this year to upgrade its manufacturing facilities and strengthen its supply chain. The General Electric operating unit said Tuesday that, of that total, $450 million will be allocated for the enhancement of 22 facilities across the U.S., an effort that includes the acquisition of additive manufacturing equipment and other machines and tools that will be used to assemble, test and produce engines for military and commercial aircraft.