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 Hitachi
Parent companyGE Vernova
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2025
Capital investment ($):50
City reshored to:Wilmington
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredfuel manufacturing
What domestic positive factors made reshoring more attractive?Automation/technology, Higher productivity, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
Find Reshoring Articles