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GE Aerospace to make $650M investment...$127M in Ohio, $20M in Dayton area

March 13, 2024  |  GE Aerospace
GE Aerospace

Journal News


GE Aerospace announced today it is investing $650 million in its manufacturing sites and supplier partners this year to increase production and strengthen quality to better support its commercial and defense customers.

That includes $19.9 million at sites in the Dayton area and more than $127.3 million across sites in Ohio, company officials confirmed today. 

“This investment ensures that GE Aerospace Dayton will continue to play a starring role as we reinvent the future of flight, helping us meet growing demand from our customers today while building a strong future as GE Aerospace becomes an independent, standalone company,” Brian De Bruin, site leader for GE Aerospace’s Beavercreek manufacturing facility, said in a statement.

GE Aerospace is a provider of jet engines, components, and systems for commercial and military aircraft with a global service network to support these offerings. GE Aerospace and its joint ventures have an installed more than 44,000 commercial and 26,000 military aircraft engines.

GE officials say their first aviation product, the turbosupercharger, was tested and matured at Wright Field, beginning in 1919. Today, approximately 1,400 GE employees work in Dayton-area facilities, including the Beavercreek site, EPISCenter on the University of Dayton campus, and Vandalia.

The company and its partner engines power three out of every four commercial flights around the world and two-thirds of U.S. military aircraft.

“As GE Aerospace prepares to become a standalone company this spring, we are making significant investments in the future of flight and in the dozens of communities and supplier partners helping us build it,” H. Lawrence Culp Jr., Chairman and CEO of GE and CEO of GE Aerospace, said in a statement. “These investments are part of the next chapter for GE Aerospace, supporting cutting-edge equipment and safety enhancements that will help us meet our customers’ growing needs.”

The 2024 investment plan calls for nearly $450 million to go toward new machines, inspection equipment, building upgrades, and new test cells and safety enhancements at 22 GE Aerospace facilities across 14 states. An additional $100 million will go to supplier partners based in the United States.

Among the investments around the nation is $107 million to facilities in the greater Cincinnati region. Additional additive manufacturing machines, new tooling and equipment, and modernization and upgrades to test cells will allow the company to increase production capacity of engines used in commercial aircraft and in U.S. and allied military helicopter and fighter jets.

The investment will strengthen the company’s U.S. supply chain, helping suppliers build and maintain capacity and capabilities needed for sustained growth, according to the company. Suppliers provide materials such as castings and forgings, plus some early-stage parts for commercial and military engines.

In addition to the investments announced today, GE Aerospace is hiring more than 1,000 employees for open external positions at its U.S. factories.