New Investments for GE Vernova
Jan 29, 2025 09:25AM ● By Donna Isbell Walker
(Photo provided by GE Vernova)
GE Vernova, America’s leading energy manufacturing
company, announced on Jan. 29, 2025, plans to invest nearly $600 million in
U.S. factories and facilities, including $160 million in Greenville, over the next
two years.
The investments will help drive U.S. energy affordability, security, resilience, and competitiveness and enable the American manufacturing footprint to support global exports.
With global energy needs forecasted to double, the investments will help meet soaring customer demand, strengthen domestic supply chains, and continue developing cutting-edge technology that helps power the world.
The investments will create approximately 1,500 GE Vernova jobs in the U.S., including 650 in the Greenville facility, and will enhance the domestic manufacturing footprint and further support G.E.’s 16,000+ direct and indirect U.S. suppliers.
Nearly $100 million of the investment will assist in the expansion of GE Vernova’s Advanced Research Center to keep the U.S. at the cutting edge of energy and push forward innovative technologies including direct air capture, alternative fuels for power generation, the grid of the future, critical infrastructure security and more.