GE Vernova to invest almost $600 million in U.S. factories and facilities over next two years

URLhttps://www.gevernova.com/news/press-releases/ge-v
SourceGE Vernova
Date Published01/29/2025

Additional Reshoring Information:

Company/Division name GE Vernova
Parent companyGE Vernova
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):650
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2028
Capital investment ($):160
City reshored to:Greenville
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredhydrogen fuel production
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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