--Auburn operation expects more than 300 employees by later this decade
--GE's $75 million investment brings advanced manufacturing to the state
AUBURN, Alabama - GE Aviation today celebrated the grand opening of its new jet engine components factory in Auburn that will create hundreds of jobs.
Joining GE Aviation president and CEO David Joyce in the ceremony were Governor Robert Bentley, Alabama House Speaker Mike Hubbard and Auburn Mayor Bill Ham, Jr.
The 300,000-square-foot advanced manufacturing plant will produce precision, super-alloy machined parts for GE jet engines that will power future commercial and military aircraft, and also support the vast fleet of GE jet engines already in service.
Upon completion, the facility will represent a GE investment of $75 million in the state of Alabama. By the end of 2013, GE expects to hire 50 employees. Based on current demand for its jet engines, GE expects to hire 300 to 400 people when the plant is at full ramp-up later this decade.
"The opening of this facility will lead to more good jobs for the people of Alabama," Governor Robert Bentley said. "Alabama has the best workforce you can find, and our role in the aviation industry continues to grow. I appreciate the investment GE Aviation is making in Alabama. On the state and local levels, we are committed to helping GE Aviation succeed here in Auburn."
"We couldn’t be more excited as GE Aviation opens their doors, providing skilled jobs to our community and a tremendous investment in Auburn and Alabama," said Auburn Mayor Bill Ham. "I look forward to a longstanding relationship with GE Aviation, and I'm excited that jet engines throughout the world will have parts that are made in Auburn."
The Auburn facility will manufacture high-pressure turbine (HPT) airfoils. The plant will deliver its first parts later this year. As the facility continues to ramp up production, it is expected that the Auburn facility will contribute to every commercial jet engine family produced by GE Aviation.
GE Aviation selected Auburn in large part because of its access to a skilled work force and its proximity to Alabama's university system. GE has partnered with Alabama Industrial Development Training (AIDT) to develop pre-employment training programs. Southern Union State Community College (SUSCC) does the machining portion of the pre-employment training. To develop a pipeline of young talent, GE has worked with Auburn University and Tuskegee University to create internship and co-op opportunities for students.
"GE Aviation is thrilled to locate an advanced manufacturing operation in Auburn," said David Joyce, president and CEO of GE Aviation. "The facility will be involved in highly sophisticated manufacturing processes. We are very grateful to the Alabama leadership in supporting GE on this important economic development project."
The new Alabama facility underscores the unprecedented growth of GE Aviation, where production rates are expected to grow from 3,600 commercial and military engine deliveries in 2013 to more than 3,800 deliveries in 2014.
Compared to the past five years, GE's investment across its more than 50 operations in the U.S. will more than double, including a new manufacturing operation in neighboring Mississippi. GE Aviation employs approximately 17,000 workers in manufacturing in the U.S.
GE Aviation generated revenues of $20 billion in 2012. GE Aviation also has the largest and fastest-growing installed base of jet engines in commercial aviation and a global services network to support them. GE Aviation employs approximately 40,000 people and operates more than 80 facilities around the world.
GE Aviation invests $1 billion annually in jet propulsion research and development (R&D) programs. This long tradition of commitment to new technology has helped GE maintain its leadership position within the industry with a list of "firsts" in both military and commercial jet propulsion, tracing back to 1942 with America's first jet engine.
To watch a video highlighting the Auburn facility, please Click HERE.
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet, turboprop and turboshaft engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings.