GE to Invest Over $450 Million in U.S. Manufacturing in 2023

URLhttps://www.ge.com/news/press-releases/ge-to-inves
SourceGE
Date Published03/02/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name GE Aerospace
Parent companyGeneral Electric
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1700
Year reshoring announced:2023
Capital investment ($):450
City reshored to:Across the US
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAll things Aerospace - Across many factories
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity, Infrastructure, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training
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