Within the next five years, the company plans to invest $3 billion on U.S. operations and workforce.
GE Appliances announced a plan to invest more than $3 billion over the next five years in its U.S. operations, workforce and communities. This investment deepens GE Appliances’ commitment to technology development, product innovation and advanced manufacturing. The company will expand its air conditioning and water heating portfolio, increase production output across all product lines, and further modernize its 11 U.S. manufacturing plants with new automation and capital equipment. The first phase of investments will begin at GE Appliances plants in Kentucky, Alabama, Georgia, Tennessee and South Carolina.
Upon completion of this plan, GE Appliances will have invested $6.5 billion across its U.S. manufacturing plants and nationwide distribution network since 2016. This $3 billion announcement marks the second-largest investment in GE Appliances’ history and that of the U.S. appliance industry – surpassed only by the creation of Appliance Park in the 1950s, the company’s global headquarters in Louisville, Kentucky.
“We are defining the future of manufacturing at GE Appliances by investing in our plants, people, and communities,” said Kevin Nolan, President and CEO of GE Appliances. “No other appliance company over the last decade has invested more in U.S. manufacturing than we have, and our $3 billion, five-year plan shows that our commitment to U.S. manufacturing will continue into the future.”
With more than 4,000 new U.S. jobs added since 2016, and more than 1,000 new jobs anticipated from the five-year plan announced today, GE Appliances continues to place employees at the center of its growth strategy.
“Infrastructure and tools matter, but they are not enough,” said Bill Good, vice president of supply chain for GE Appliances. “America’s manufacturing renaissance will be built by people. That’s why we’re partnering with universities, technical schools and high schools to develop the next generation of manufacturing leaders. We’re not just bringing jobs back — we’re bringing purpose, pride, and possibility back to American industry.”
In today’s competitive labor market, the company offers flexible work schedules, upskilling to prepare people for higher-level work, and unique employee programs that break down barriers and create opportunities to pursue successful careers in manufacturing.
As shared in the company’s 2024 Economic Impact Report, GE Appliances contributes more than $30 billion annually to the U.S. Gross Domestic Product and supports more than 113,000 jobs – both directly and indirectly – through its operations, suppliers, and distribution network. The new, $3 billion, five-year investment is expected to amplify existing impact by adding jobs, increasing employee skills, driving capacity for innovation, strengthening regional economies, and expanding the company’s domestic supplier base.
GE Appliances is leveraging its engineering innovation, product design and nationwide distribution network to deliver practical solutions for disaster response. By combining technical expertise with strategic partnerships, GE Appliances is focused on meeting urgent needs for clean water and laundry services. This commitment comes to life through initiatives like the Disaster Response Command Trailer—developed in partnership with WaterStep to provide clean water and sanitation in Kentucky —and the Mobile Laundry Unit, created with the American Red Cross to deliver fresh laundry services using GE Profile Ultrafast Combo Washer/Dryers starting in the Southeast. Both units are built for rapid deployment and designed to restore dignity and comfort to communities recovering from emergencies. The new trailers will debut at an onsite event today at Appliance Park.
SOURCE: SupplyHouse Times