GE Aerospace to Invest $70M in European Manufacturing Facilities in 2024

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By Staff
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GE Aerospace announced that it would invest $70 million into its European manufacturing facilities to produce more efficient commercial engines and critical military engines. The company expects the investments to enable new manufacturing techniques or materials that result in stronger and lighter components, reducing emissions and increasing the efficiency of engines.   

GE Aerospace added that it would hire over 300 employees for open external positions at its European sites.    

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“These investments will put more efficient engines in airline fleets today and help us bring online the next generation of engines and technologies needed to achieve our 2050 net-zero ambition,” said Riccardo Procacci, president and CEO of propulsion & additive technologies.

The 2024 investments include:

  • $47.9 million across multiple locations in Italy for new and upgraded test cells, additional tooling, new equipment and upgrades to buildings for the production of narrow and widebody commercial aircraft engines, along with military engines  
  • $6.8 million in Prague, Czech Republic for new equipment and tooling, along with upgrades to the building to support production of other efficient aircraft engines
  • $3.7 million in Bucharest, Romania to upgrade machines, purchase new equipment and tooling to support production of narrowbody aircraft engines. 
  • $10.3 million at several sites in Poland for new equipment and tooling, new test cells, along with upgrades to some buildings to support the production of narrow and widebody commercial aircraft engines and military engines. 
  • $2.1 million in Gloucester, United Kingdom for new machines, additional tooling and safety enhancements to the facility
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