GE Aviation, a global leader in jet engine and aircraft system production, is pursuing a major advanced manufacturing expansion at its four North Carolina facilities during the next five years, with plans for a $195 million capital investment that will create 242 jobs.
The company plans to produce engine components made of advanced ceramic matrix composite materials at a new facility located next to the existing GE Aviation machining plant in Asheville, North Carolina. 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 is still subject to final approval of state incentives.
Partners working on the project include: the N.C. Department of Commerce, N.C. Community Colleges, Ashe County, Buncombe County, Durham County, New Hanover County, City of Asheville, City of Durham, Town of West Jefferson and Ashe County Job Development.