GE Aviation’s investments reached $4.3 billion through expansions to its U.S. operations during 2011-2016, including its plant in Hooksett, with another $1.1 billion invested in its international sites, the company said last week.
GE Aviation, an operating unit of GE (NYSE: GE), employs about 750 people in Hooksett. It manufactures jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft.
The company’s domestic investments include $214 million to establish five new plants in Ellisville, Miss.; Auburn, Alabama; Asheville, N.C.; Lafayette, Ind.; and Huntsville, Ala. The plants total about 2 million square feet of new manufacturing floor space, GE Aviation said in a news release.
In addition to expanding its plant in Hooksett, the company upgraded and expanded operations in West Jefferson, N.C., and created centers for emerging technologies such as additive manufacturing, digital engine monitoring, ceramic matrix composites and electrical distribution.
“GE Aviation is a global company with significant technology capability around the world,” said Colleen Athans, vice president and general manager of the GE Aviation Supply Chain. “At the same time, we are introducing several highly proprietary technologies that are upping our manufacturing capabilities in the United States.”
GE Aviation has about 44,600 employees worldwide at 85 sites, including 47 in United States, including more than 25,000 U.S. employees (16,500 in the U.S. supply chain).
GE Aviation has an industrial backlog of more than $150 billion. GE Aviation and CFM International, a 50/50 joint company of GE and Safran Aircraft Engines, collectively have a backlog of more than 15,000 jet engines, the company said.
About two-thirds of GE Aviation’s more than $25 billion in annual revenues is generated from international sales, including about 75 percent of its commercial revenues derived internationally, the company said.