Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced yesterday (June 17) that GE Aviation, a global leader in jet engine and aircraft system production, is pursuing a major advanced manufacturing expansion at four facilities in North Carolina. The project would create 242 new jobs and bring a capital investment of $195 million over the next five years.
GE Aviation would produce engine components made of advanced ceramic matrix composite (CMC) materials at a new facility located next to the existing GE Aviation machining plant in Asheville. This technology will result in enhanced performance and improved durability of engines, which translates into lower fuel and maintenance costs for customers. The project would also increase employment and investment in Durham, West Jefferson and near Wilmington. GE currently employs more than 1300 people at its four North Carolina sites.
The potential project, which is still subject to final approval of state incentives, was announced at the 50th International Paris Air Show. Lieutenant Governor Dan Forest is leading the North Carolina delegation along with representatives from the North Carolina Department of Commerce.Read more.
GE Bets on Ceramic Jet-Engine Parts (The Wall Street Journal – subscription required)