GE APPLIANCES TO INVEST $450 MILLION AND ADD JOBS AT ITS KENTUCKY MANUFACTURING OPERATIONS OVER THE NEXT TWO YEARS

URLhttps://pressroom.geappliances.com/news/ge-applian
SourceGE Appliances
Date Published10/28/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name GE Appliances
Parent companyHaier Group Corporation
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1000
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):450
Country(ies) from which reshored:China
City reshored to:Louisville
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredappliances
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Proximity to customers/market
Find Reshoring Articles