GE to invest $400m in US plant
General Electric’s Power and Water division will construct its first “advanced manufacturing facility” in South Carolina that will serve as an incubator for innovative advanced manufacturing process development and rapid prototyping for businesses including wind turbines.
GE will invest $400m over the next decade at its complex in Greenville to develop new techniques and production processes which the industrial giant expects will enable it to design, test, iterate and bring new products quicker to market.
The company today began construction on its new Advanced Manufacturing Works which is expected to open in 2015 and create more than 80 jobs, according to Power and Water President Steve Bolze.
“Here we will be able to deliver even more innovative breakthrough products and services, work better with each other and our customers, and bring best-in-class technologies to market quicker,”Bolze says.
GE started in Greenville more than 40 years ago and now has 1.5 million sq feet of factory and office (13.9ha). It is one of three US locations that manufacture wind turbine nacelles. GE has 3,000 employees there.