
GE Vernova, a leader in energy manufacturing, has announced plans to invest nearly $600 million in its U.S. factories and facilities over the next two years. This investment is expected to create over 1,500 new jobs across the country. The move aims to address surging global electricity demand and strengthen the company's U.S. manufacturing footprint.
The investment is part of a broader $9 billion global expansion plan, which includes increased production of heavy-duty gas turbines, grid equipment, nuclear fuel components, and renewable energy technologies. Notable investments include over $160 million for gas turbine capacity expansion in Greenville, SC, and $50 million for the nuclear fuel operations in Wilmington, NC.
Additionally, GE Vernova plans a significant boost in its onshore wind and solar technologies, investing nearly $100 million in manufacturing facilities in Pensacola, FL, and Schnecdady, NY. The company also intends to enhance its Advanced Research Center in Niskayuna, NY, with a $100 million investment aimed at advancing energy technologies.
GE Vernova's CEO, Scott Strazik, emphasized the company's commitment to meeting the global energy demands while boosting U.S. competitiveness and innovation.