GE Appliances Eyes Manufacturing Plant in Louisville
02/14/2012
GE's decided to spend $38 million on redesigning a vacant manufacturing plant and making improvements to the industrial park after receiving upwards of $17 million in state and local design and build incentives.
Charles "Chip" Blankenship, GE Appliances President and CEO, said the plant is a first step "to reverse decades of outsourcing by bringing new, industry-leading products and jobs back to the U.S. Lean manufacturing and a more competitive wage structure for new employees led to the selection of Louisville as the production site for the new water heater instead of China, where an earlier version of the product was made," he explained.
The GeoSpring Hybrid Water Heater combines energy-saving heat-pump technology with traditional electric heating elements. State and local tax credits and utility rebates may be available in some areas, making its energy-efficient water heater more attractive to consumers.
The GeoSpring has the distinction of being the first GE Appliances product designed and built using the company's "The Lean process, which uses a cross-functional team of employees, including hourly manufacturing workers, to design the product and the manufacturing process," he explained.
Kentucky Gov. Steve Beshear said "We developed an aggressive plan to not only research and develop new kinds of energy production, but to attract businesses and projects that are similarly committed to cleaner, greener energy applications."
Most Read
-
-
Latest Trends in the Industrial Real Estate Sector Here to Stay
Q2 2021
-
Where's the Talent: Jobs Outlook in the Fastest Growing U.S. Cities
Q2 2021
-
2021 Gold & Silver Shovel Awards Project of the Year: CREE Wolfspeed’s Wafers Key to Charging of EVs
Q2 2021
-
A New Approach to Energy Savings for Your Next Manufacturing Plant
Q2 2021
-
A Turnkey Approach to Manufacturing Location Decisions
Q2 2021
-
2020 Top States for Doing Business Showcase Their Pro-Business Environments
Q3 2020